FINRA Series 3: National Commodities Futures Exam

What is the formula used to calculate the net asset value (NAV) of a mutual fund?

Not Correct

Correct!

Select an option above to see an explanation here.

A) This formula incorrectly divides the total value of assets by liabilities before subtracting the total number of outstanding shares. B) NAV is calculated by subtracting liabilities from the total value of assets and dividing by the number of outstanding shares. C) This formula incorrectly multiplies the difference between the total value of assets and liabilities by the total number of outstanding shares. D) This formula incorrectly divides the total value of assets by the total number of outstanding shares before subtracting liabilities.