KKR Senior Professional Interview Questions and Answers

GAV stands for Gross Asset Value and NAV stands for Net Asset Value. They are commonly used in finance and investment management.

• GAV is the total value of an investment fund's assets before liabilities are deducted.

• NAV is the value of the fund's assets minus its liabilities, divided by the number of outstanding shares.

• GAV is used to calculate the NAV of a fund.

• NAV is used to determine the value of each share in the fun...read more

Primary market is where new securities are issued and sold for the first time, while secondary market is where existing securities are bought and sold among investors.

• Primary market involves the issuance of new securities by companies or governments

• Investors purchase these new securities directly from the issuer

• Examples of primary market transactions include initial public offerings (IPOs) and bond issuances

• Secondary m...read more