The Primary Measurement Unit Used for Assessing the Value of One's

question 19

Multiple Choice

The primary measurement unit used for assessing the value of one's stake in an investment company is ________.

• A) net asset value
• B) average asset value
• C) gross asset value
• D) total asset value

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Definitions:

Gross Monthly Income

The total personal income earned per month before any deductions like taxes or social security contributions.

Compounded Semi-annually

Interest calculation method where interest is computed on the principal and also on the interest from previous six-month periods, applied twice a year.

Amortized

The process of paying off a debt over time in regular installments of interest and principal sufficient to repay the loan in full by its maturity date.

Compounded Semi-annually

A technique used to compute interest in which the interest is compounded semi-annually by being added to the principal sum two times within the year.