The net asset value is found by _______ the liabilities of the mutual fund from the market value of the securities that the fund owns and _______ the difference by the outstanding number of shares.

Question

Quizplus · Accepted Answer

The net asset value is calculated by subtracting the liabilities from the market value of the securities and then dividing the result by the outstanding number of shares.

The Net Asset Value Is Found by _______ the Liabilities