The net asset value of a mutual fund was $9.72 last month. This month it is calculated at $9.85. What is the change in value called?
A)yield
B)asset revaluation
C)appreciation
D)capital gain

Name: The net asset value of a mutual fund was $9.72 last month. This month it is calculated at $9.85. What is the change in value called? A)yield B)asset revaluation C)appreciation D)capital gain
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Question

Quizplus · Accepted Answer

appreciation. That's the correct term for increase in value.

The Net Asset Value of a Mutual Fund Was $9