问题
单项选择题
The net asset value (NAV) of an open-end fund is determined by the:（）
A. supply and demand for the shares in the investment management company.
B. market value of all assets minus the redemption fee, then divide by the number of shares outstanding.
C. market value of assets minus liabilities divided by the number of shares outstanding.
答案
参考答案：C
解析：
This is the equation for the calculation of NAV.