Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million. The fund's liabilities are $125 million and it grew at 20% from last year. It currently has 45 million shares outstanding. What is the fund's NAV?

Which of the following is true about latent markets?

A) An organization's initial success is based on its competitiveness. B) A product has zero demand before it is offered. C) A product's demand emerges with a particular political trend. D) A product's demand remains incipient in a latent market.

Understanding target audience perceptions of cost is important because

a. strategies can be used to reduce perceived costs b. target audience perceptions are always right c. a marketer wants to minimize the number of exchanges d. a perceived cost is the same as monetary cost e. costs only accrue to the target audience so you need to understand them