Per-Share Value of an Investment Company

Explanation

The per-share value of an investment company is called the Net Asset Value or NAV.

The correct answer is C. the net asset value (NAV).

The net asset value (NAV) is the per-share value of an investment company. It represents the net value of the company's assets minus its liabilities, divided by the total number of shares outstanding. The NAV is calculated on a regular basis, usually at the end of each trading day.

Here's a more detailed explanation of each answer choice:

A. The net share price: This term is not commonly used in the context of investment companies. Share price refers to the price at which individual shares of a company are bought and sold in the market. It does not specifically represent the value of an investment company.

B. The net start-up cost: The start-up cost refers to the expenses incurred when setting up a new business or investment company. It includes costs such as legal fees, registration fees, and initial infrastructure expenses. While start-up costs are relevant to the establishment of an investment company, they do not directly represent the per-share value of the company.

C. The net asset value: As mentioned earlier, the net asset value (NAV) represents the per-share value of an investment company. It is calculated by subtracting the company's liabilities from its total assets and then dividing that amount by the total number of shares outstanding. NAV provides an indication of the underlying value of each share in the company.

D. The net unit portfolio investment: This term is not commonly used in the context of investment companies. Unit portfolio investment generally refers to an investment made in a specific portfolio of assets, but it does not represent the per-share value of an investment company.

In summary, the correct answer is C. the net asset value (NAV), as it specifically refers to the per-share value of an investment company calculated based on its net assets and total shares outstanding.