What Is Known as the Net Asset Value (NAV)

question 1

Multiple Choice

What is known as the net asset value (NAV) ?

• A)The closing price of the securities that comprise a particular fund's portfolio plus the value of any uninvested cash that the fund manager maintains for the fund.
• B)A concept used in finance and economics,defined as a rational and unbiased estimate of the potential market price of a good,service,or asset.
• C)The value of an entity's assets plus the value of its liabilities at the end of the trading day.
• D)The difference between the replacement cost of a fixed asset and its book value appearing on the balance sheet.

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Definitions:

Notice of Dissolution

A formal announcement or written statement informing relevant parties that a particular legal entity, such as a partnership or corporation, is being dissolved or terminated.

Partnership Agreement

A contract between partners in a business that outlines the terms of the partnership, including responsibilities, profit distribution, and conflict resolution.

Utmost Good Faith

A legal doctrine requiring parties in certain agreements, particularly in insurance contracts, to act honestly and disclose all relevant facts to each other.

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Commerce or sales transactions specifically conducted over the weekend period, potentially targeting leisure shoppers.