Which of the following expressions is equal to the total proceeds of a mutual fund? a. net assets times number of sharesb. net asset value times number of sharesc. offer price times number of sharesd. profit minus investment

Which of the following expressions is equal to the total proceeds of a mutual fund?

The correct answer is option B: net asset value times number of shares

Net asset value represents a fund's per unit market value. This is the price at which investors buy fund units from a fund company or sell it back to the fund house. It is calculated by dividing the total value of all the assets in a portfolio, minus all its liabilities.

net asset value x number of shares

29 is the correct answer

step-by-step explanation: