Respuesta :
A mutual fund has a net asset value per share of $12.00. the maximum offering price per share is $13.11.
Net asset value (NAV) represents a fund's per-share intrinsic value. It is similar in some ways to the book value of a company. NAV is calculated by dividing the total value of all the cash and securities in a fund's portfolio, minus any liabilities, by the number of outstanding shares. Net asset value, or NAV, represents the value of an investment fund and is calculated by adding the total value of the fund's assets and subtracting its liabilities. Mutual funds and ETFs use NAV to calculate the price per share of the fund. Net asset value per share (NAVPS) is calculated by dividing the net asset value by the number of shares outstanding. NAV is calculated by dividing the total value of all the cash and securities in a fund's portfolio, minus any liabilities, by the number of outstanding shares.
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