We Calculate the Mutual Fund's NAV (Net Asset Value) by Dividing

question 410

True/False

We calculate the mutual fund's NAV (Net Asset Value) by dividing the total market value of the fund, by the number of shared outstanding.

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Definitions:

Economic Value

The worth of a good or service determined by its utility and the market demand, influencing its price.

Signing Bonus

A financial incentive given to a new employee as an inducement to join the company.

Equivalent Value

The same worth or monetary value as something else.

Rate of Return

The positive or negative financial outcome on an investment through a specific duration, indicated as a percent of the cost of the investment.