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The Net Asset Value (NAV)per Share of a Mutual Fund

question 69

True/False

The net asset value (NAV)per share of a mutual fund is determined by the market value of securities owned minus liabilities divided by the number of mutual fund units outstanding.


Definitions:

Cardiopulmonary Conditions

Health conditions that affect the heart and lungs, impacting the efficient functioning of the cardiovascular and respiratory systems.

Hemoglobin

A protein in red blood cells that carries oxygen from the lungs to the tissues of the body.

Staples

Metal clips used during surgery to close wounds or incisions, faster than suturing and often used for larger or deeper cuts.

Sutures

Threads or staples used by surgeons to close wounds or surgical incisions.

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