Question

What does Net Asset Value (NAV) represent?

a.

Total value of all assets held by the insurer

b.

Price per unit of the Segregated Fund

c.

Total liabilities of the insurer

d.

Annual premium paid by the policyholder

Answer: (b).Price per unit of the Segregated Fund Explanation:Net Asset Value (NAV) represents the price per unit of the Segregated Fund.

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Q. What does Net Asset Value (NAV) represent?

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