n NISM Certifications
X NISM Series X
Medium

The Net Asset Value (NAV) per share of Everest Ltd., with Rs. 750 crores net worth and 1 crore shares, is _______.

Practice question from NISM Series XIX A- Alternative Investments Funds (AIF) Distributors Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 250

  2. B

    Rs. 1750

  3. Rs. 750

    Correct answer

  4. D

    Rs. 1000

Why this is the answer

NAV per share is calculated by dividing total net worth (Rs. 750 crores) by the number of shares (1 crore), resulting in Rs. 750 per share.

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