Net Asset Value Takes into Account

question 63

Multiple Choice

Net asset value takes into account:

• A) both realized and unrealized capital gains.
• B) only realized capital gains.
• C) only unrealized capital gains.
• D) neither realized or unrealized capital gains.

---

Definitions:

Offshore Oil Wells

Drilling sites located in bodies of water, often at a considerable distance from the shore, that are used to extract oil from beneath the ocean floor.

Oil Refineries

Industrial processing plants where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and jet fuel.

Hurricane Katrina

One of the deadliest hurricanes to hit the United States, causing widespread destruction along the Gulf coast, particularly in New Orleans, in August 2005.

Price Floor

A government-imposed limit on how low a price can be charged for a product, aimed to ensure fair conditions for producers.