Which of the following correctly calculates NAV?

A. value of portfolio multiplied by number of shares
B. value of portfolio plus liabilities divided by number of shares
C. value of portfolio minus liabilities divided by number of shares
D. value of portfolio minus liabilities


Answer: C

Business

You might also like to view...

Assurance services may improve all of the following except:

A. credibility. B. periodicity. C. relevance. D. reliability.

Business

Which of the following terms refers to customers who make repeat purchases and tell others about their positive experiences with a product or service?

A) barnacles B) customer evangelists C) butterflies D) surrogate customers E) market mavens

Business

________ is an operations activity with the purpose of designing and implementing the transformation processes that best meet the needs of the customer and firm

What will be an ideal response?

Business

Other things being equal, investors will value which of the following bonds the highest?

A) bonds that are both callable and convertible B) callable bonds C) convertible bonds D) unsecured, callable bonds

Business