Net Asset Value (NAV) Is Determined by

question 58

Multiple Choice

Net asset value (NAV) is determined by

• A) the total market value of all its assets multiplied by the number of fund shares outstanding.
• B) the total market value of all its assets divided by the number of fund shares outstanding.
• C) the total market value of all its assets divided by the number of shareholders.
• D) supply and demand for the investment company stock in the secondary market.
• E) supply and demand for the investment company stock in the primary market.

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Definitions:

Forming Stage

The initial phase of team development where members meet and start to work together for the first time.

Organizational Environments

encompasses the various external and internal factors that influence how an organization operates, including economic, technological, social, legal, and political elements.

Software Requirements

A detailed description of the functionalities, constraints, and capabilities that a software must possess to satisfy the needs of its stakeholders.

Effective Groups

Teams or groupings that achieve their objectives through efficient collaboration and cohesion.