For Most Mutual Funds,the Net Asset Value Is Calculated

question 138

Multiple Choice

For most mutual funds,the net asset value is calculated:

• A)yearly.
• B)quarterly.
• C)weekly.
• D)daily.
• E)hourly.

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Definitions:

Index

An index is a statistical measure or indicator that tracks the performance of a basket of assets, stocks, or other financial instruments, often used as a benchmark for investment performance.

Interest Rate Swaps

A financial derivative instrument involving the exchange of interest payments between two parties on a specified principal amount.

Option Contract

An agreement that gives the holder the choice, but not the obligation, to buy or sell an underlying asset at a set price on or before a certain date.