I will mark as brainliest! PLEASE HELP ASAP!¹

Business

1 answer:

Stells [14]3 years ago

4 0

Answer:

Explanation:

<em>The correct answer would be a share price of the mutual fund.</em>

<u>The Net Asset Value (NAV) is defined as the total assets less the total liability of a mutual fund or an exchange-traded fund. Mathematically, it is represented as:</u>

NAV = asset's value - liability's value

The net asset value, when it concerns the mutual fund is represented on a per-share basis and is used to determine the value of assets held by investors.

Hence, the net asset value can be viewed as a share price of the mutual fund.

Correct option: b

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