To Calculate the NAV of an Open-End Fund, the Market

question 125

Multiple Choice

To calculate the NAV of an open-end fund, the market value of the portfolio less liabilities is divided by which item to arrive at a per-unit basis?

• A)Original number of units
• B)Units currently outstanding
• C)Maximum units to be issued
• D)Average number of units in comparable funds

Compare and contrast panic disorder with phobic disorders, emphasizing the specificity of stimuli and intensity of anxiety.

Understand the role of genetic and neurobiological factors in the development of anxiety disorders.

Explain the nature of obsessions and compulsions, including their relationship and how they manifest in disorders like OCD.

Identify and assess the role of personality disorders in affecting individual behavior and emotional regulation.

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Definitions:

Deregulation

The reduction or elimination of government power in a particular industry, usually with the aim of creating more competition within the industry.

Monopoly

A market structure characterized by a single seller who has exclusive control over the supply and pricing of a unique product or service.

Negative Externalities

Unintended and unfavorable side effects of an economic activity that affect third parties not involved in the activity.

Majority Voting

A voting system where decisions are made based on the preference of more than half of the votes cast, commonly used in elections and organizational decision-making.