The net asset value of the shares in a closed-end investment company depends on the difference between the fund's assets and liabilities and the number of shares outstanding.

Question

Quizplus · Accepted Answer

This is true. The net asset value (NAV) of a closed-end investment company is calculated by subtracting its liabilities from its assets and then dividing the result by the number of shares outstanding.

The Net Asset Value of the Shares in a Closed-End