6. Net asset value is calculated by the total value of all the assets that the: (LO...
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6. Net asset value is calculated by the total value of all the assets that the: (LO 12-1)
a. Fund holds.
b. Fund holds for the historical average for one year, divided by the number of mutual fund shares outstanding.
c. Fund holds, divided by the number of mutual fund shareholders.
d. Fund holds, minus liabilities, divided by the number of mutual fund shares outstanding.
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Related Book For
Personal Finance Building Your Future
ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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