Answers 26-27 Ignite Financial Literacy Personal Finance - EL3403 Mutual FundsQuestion 11

11

QuizMultiple Choice

Mutual Funds

Question 11 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Which of the following expressions is equal to the total proceeds of a mutual fund?

Answer

A

net assets times number of shares

B

net asset value times number of shares

C

offer price times number of shares

D

profit minus investment

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