Net Asset Value
by astanhaus
(NAV)=(Total Assets minus Liabilities) divided by # of shares.
Shares of a mutual fund are sold at this #.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
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(NAV)=(Total Assets minus Liabilities) divided by # of shares.
Shares of a mutual fund are sold at this #.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
