A Mutual Fund's Net Asset Value Is Determined by

question 31

Multiple Choice

A mutual fund's net asset value is determined by

• A)demand for the fund based on the fund's performance.
• B)the fund manager's reputation.
• C)the value of the securities held by the fund.
• D)all of the above.

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Definitions:

Demands

Demands consist of the needs or desires that individuals or groups assert with the expectation of fulfillment.

Corporate Policy

Guidelines and rules established by a business or corporation to govern its operations, employee conduct, and ethical standards.

Paid Labor Force

Individuals who are employed and receive compensation for their work or services.

Economic Sociology

A branch of sociology that examines economic phenomena including markets, exchange, and capital systems.