14 What is net asset value NAV A The total of a mutual fund s assets minus its liabilities and divided by the number of the shares the fund has outstanding B The amount earned on an investment for a given period of time C The amount of uncertainty a person is willing to handle D A collection of investments a person has made 15 Stockbrokers are licensed by which organization A Commodity Futures Trading Commission CFTC B Securities and Exchange Commission SEC C Federal Deposit Insurance Corporation FDIC D Financial Industry Regulatory Authority FINRA