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andrew-mc [135]
4 years ago
5

A client recently purchased a sizeable number of mutual fund shares and knows that the Net Asset Value will change daily. The cu

stomer asks the RR how the NAV number is computed. Which of the following best describes the computation to arrive at NAV per share?
(A) NAV per share is calculated by finding the average value on a per share basis over the previous quarter.
(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.
(C) NAV per share is calculated by taking the total value of the portfolio of the fund, adding sales charges received, and then dividing this figure by the total number of shares currently outstanding.
(D) NAV per share is calculated by finding the total appreciation of the portfolio and dividing this figure by the total number of shares outstanding.
Business
1 answer:
julsineya [31]4 years ago
7 0

Answer:

(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.

Explanation:

The Net asset value(NAV) of any mutual fund corporation can be determined using below mentioned formula:

Net asset value(NAV) per share=(Current market value of all assets - liabilities) /Total number of shares outstanding.

Based on the above formula, the statement which best describe the computation  to arrive at NAV per share is

(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.

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DanielleElmas [232]

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8 0
3 years ago
A reduction in the level of unemployment would have which effect with respect to the nation's production possibilities curve?
GREYUIT [131]

Answer:

B. It would not shift the curve; it would be represented by moving from a point inside the curve toward the curve.

Explanation:

Here the falling in unemployment represents that there is a movement with respect to the resources that are fully employed.

In this the unemployment means that it could be occured inner side of the PPF but if there is an increase, so the point of the production would be moved inner of the PPF to the PPF

Therefore the option B is correct

6 0
3 years ago
Pacanowsky’s cultural approach to organizations offers metaphors for empowered groups in a company acting like jazz musicians, e
lesantik [10]

Pacanowsky used metaphor to describe the cultural approach where he described the organisation as “a cluster of peasant villages” or as “a large improvisational jazz group” and described its workers as “factions in Colonial America.”

<u>Explanation:</u>

By definition, the cultural approach to deal with authoritative communication investigates an association by thinking about antiques, qualities, and presumptions that happen as a result of the connections of hierarchical individuals. Relics are the standards, gauges, and customs you see in hierarchical correspondence.

Pacanowsky applied Geertz's information on organisations. They said culture is networks of essentials, frameworks of shared significance. A social exhibition is the means by which we uncover our way of life to ourselves as well as other people. To examine societies, you should utilize ethnography a method for finding who individuals are inside a culture.

4 0
3 years ago
One of the reasons that services marketing has lagged behind product marketing is because marketing first developed to move prod
nevsk [136]
The answer is false
4 0
3 years ago
Read 2 more answers
Technology Corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash f
LUCKY_DIMON [66]

Answer:

B) IRR is 3%. Reject the project.

Explanation:

We can use an excel spreadsheet to calculate the internal rate of return (IRR) for this investment:

we can use the IRR function =IRR(values,[guess])

where:

  • value 1 = -238160
  • value 2 to 6 = 52000
  • guess = optional, not required

=IRR(-238160,52000,52000,52000,52000,52000) = 3%

4 0
3 years ago
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