What does the following mathematical expression yield? (total market value of all securities - liabilities)divided by (total shares outstanding)=
A)asset value.
B)net value.
C)net asset value.
D)net return value.
E)asset return value.

Question

Quizplus · Accepted Answer

This expression yields the net asset value (NAV) per share, which is calculated by subtracting the liabilities from the total market value of all securities and dividing the result by the total shares outstanding. Therefore, the correct answer is C, net asset value.

What Does the Following Mathematical Expression Yield? (Total Market Value