The Net Asset Value of a Mutual Fund Is the Average

question 13

True/False

The net asset value of a mutual fund is the average market price of the stocks,bonds,and other assets the fund owns.

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Definitions:

Butter

A dairy product made by churning cream or milk, used as a spread or in cooking.

Efficient Allocation

The distribution of resources in a way that maximizes the net benefits to an economy or society.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which includes machinery, equipment, methods, and techniques.

Strawberries

A soft, red fruit with a sweet taste and small seeds on its surface, often eaten fresh or used in desserts.