The Market Value of a Fund's Net Assets Divided by the Number

question 8

True/False

The market value of a fund's net assets divided by the number of mutual fund shares outstanding is called the NAV of the fund.

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Definitions:

Real Number Line

A line that graphically represents all possible real numbers, where each point corresponds to a unique real number.

Entirely Negative

A term describing a scenario where all values or aspects of something are negative or below zero.

Entirely Positive

A term that could suggest a situation or value is purely positive, without any negative parts or aspects. NO.

Interval

A range of numbers between two set points.