The net asset value is calculated as Select one: A. (Current market value of portfolio - Liabilities)/Number of shares outstanding. B. Number of shares outstanding/(Value of portfolio - Liabilities). C. Number of shares outstanding/(Liabilities - Value of portfolio). D. (Liabilities - Value of portfolio) + Number of shares outstanding. E. (Liabilities - Value of portfolio)/Number of shares outstanding.
Added by Phillip P.
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This result is then divided by the number of shares outstanding. $$NAV = \frac{Total Assets - Total Liabilities}{Number of Shares Outstanding}$$ In this case, the total assets are represented by the current market value of the portfolio. Show more…
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