The Total Market Value of All Assets of a Mutual

question 28

True/False

The total market value of all assets of a mutual fund divided by the number of shares of the fund is known as the net asset value.

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Definitions:

Polar Molecules

Molecules with a distribution of charge leading to one part being slightly positive and another part being slightly negative.

Aqueous Solution

A solution in which water is the solvent.

Ionic Compounds

Chemical compounds composed of ions held together by electrostatic forces termed ionic bonding.

Solutes Dissolve

The process by which a solute interacts with a solvent, dispersing evenly at the molecular or ionic level to form a solution.