17-44 Net asset value is the current value of a mutual fund's assets divided by the number of shares outstanding.

Name: 17-44 Net asset value is the current value of a mutual fund's assets divided by the number of shares outstanding.
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Net asset value (NAV) is calculated by dividing a mutual fund's total assets by the number of shares outstanding. This gives the per-share value of the fund's assets. It is usually calculated at the end of each trading day.

17-44 Net Asset Value Is the Current Value of a Mutual