Hello,
Has anyone came to the video of the third section from financial markets and products. As far as I know the NAV is calculated as a difference between assets and liabilities, divided by shares outstanding. Do you think the formula, not accounting for liabilities is wrong?
Best regards,
Learning objectives: Differentiate among open-end mutual funds, closed-end mutual funds, and exchange-traded funds (ETFs). Calculate the net asset value (NAV) of an open-end mutual fund. Explain the key differences between hedge funds and mutual funds.
Questions:
705.1 America's Best Fund...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.