The Net Asset Value (NAV)per Share Is Found by Dividing

question 34

True/False

The net asset value (NAV)per share is found by dividing the market value of the fund's securities less the fund's liabilities by the number of shares outstanding.

---

Definitions:

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Physiological Need

Basic physical requirements necessary for human survival, such as food, water, and sleep, which must be met to ensure health and well-being.

Unpredictability

The quality of being unable to be foreseen or declared in advance.

Stressful

Characterized by or causing mental, emotional, or physical strain or tension.