The Net Asset Value Per Mutual Fund Share Is the Current

question 86

True/False

The net asset value per mutual fund share is the current market value of the securities contained in the mutual fund's portfolio minus the mutual fund's liabilities divided by the number of shares outstanding.

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Definitions:

Idea

A thought, concept, or notion that can be the basis for invention, creative processes, or problem-solving strategies.

Corporate Citizenship

The extent to which businesses are socially responsible for meeting legal, ethical, and economic standards to positively impact society and the environment.

Socially Responsible

A term describing companies or individuals that act in a way that benefits society, often through sustainable practices, ethical behavior, and philanthropy.

Bottom Line

The final profit or loss of a business after all expenses have been deducted from the revenues, also used metaphorically to mean the ultimate outcome.