The Net Asset Value of a Mutual Fund Is Found

question 21

Multiple Choice

The net asset value of a mutual fund is found by

• A)subtracting the daily market value of the fund's asset portfolio from the previous days' value.
• B)dividing the cumulative value of all asset positions held by the fund by the total number of asset shares held by the fund.
• C)computing the daily market value of the fund's total asset portfolio and then dividing this amount by the number of mutual fund shares outstanding.
• D)comparing the daily market value of the fund's total asset portfolio with that of its peers.

Appreciate the importance of standardization, reliability, and validity in clinical tests.

Understand how psychophysiological tests are conducted and interpreted.

Understand the concept of fixed, variable, and total costs in production.

Calculate average fixed, average variable, and average total costs given specific data.

---

Definitions:

PRISM Program

A surveillance program by the United States National Security Agency (NSA) that collects internet communications from various U.S. internet companies.

American Citizens

Individuals who have citizenship status in the United States of America.

Job Rotation

Involves systematically moving employees from one job to another.

Motivational Approach

Methods or strategies used to inspire individuals or groups towards achieving certain goals or tasks.