Mutual Funds Are Valued at Their ________,Which Is the Total

question 11

Multiple Choice

Mutual funds are valued at their ________,which is the total value of all the assets minus costs,divided by the number of shares outstanding.

• A)net of assets after cost (NAC)
• B)net assets shares outstanding (NASO)
• C)net asset value (NAV)
• D)net assets over shares (NAS)

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Definitions:

Trachea

The windpipe, a tube that connects the larynx to the bronchi of the lungs, allowing the passage of air.

Glottis

The part of the larynx consisting of the vocal cords and the slit-like opening between them. It plays a key role in producing sounds.

Epiglottis

A leaf-shaped flap in the throat that prevents food and drink from entering the windpipe when swallowing.

Choanae

The two openings found at the back of the nasal cavity, leading into the throat, critical for breathing and speech.