Question: Net asset value (NAV) is determined by Question 16Answer a. the total market value of all its assets multiplied by the number of fund shares

Net asset value (NAV) is determined by Question 16Answer a. the total market value of all its assets multiplied by the number of fund shares outstanding. b. supply and demand for the investment company stock in the primary market. c. the total market value of all its assets divided by the number of fund shares outstanding. d. the total market value of all its assets divided by the number of shareholders

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