Mutual fund’s NAV is computed twice a day in the morning and at the end of...

Question

Question

Mutual fund’s NAV is computed twice a day in the morning and at the end of trading day.
True or False

business finance

Answer 1

Answer #1

NAV = [ Assets - Liabilities ] / No. of Units.

NAV will be calculated in the eveneing after considering the market value of shares & further investements .

Thus the above statment mentioned is wrong.

Answer 2

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