For mutual funds, the Net Asset Value, or NAV, equals = a. average stock price of all stocks held in the mutual fund's portfolio b. capital gains distributed / shares outstanding c. (assets under management - liabilities)/ shares outstanding d. sum of all dividends paid out in the mutual fund Hank Johnson named his three kids and nephew as people to whom his life insurance should be paid out upon his death. This is an example of designating. a, a participating policy b. accidental death benefits O c. beneficiaries d riders Clear my choice A disadvantage of term life insurance is that as an individual gets older, a. their premium will go up. b. the face value declines. c. their premiums will go down od they become uninsurable. Clear my choice