Use the Following Information to Answer the Question(s)below

question 3

Multiple Choice

Use the following information to answer the question(s) below.
An exchange traded fund (ETF) is a security that represents a portfolio of individual stocks.Consider an ETF for which each share represents a portfolio of two shares of Apple Inc.(APPL) ,one share of Google (GOOG) ,and ten shares of Microsoft (MSFT) .Suppose the current stock prices of each individual stock are as shown below:
-The price per share of this ETF in a normal market is closest to:

• A)$800.
• B)$1001.
• C)$1067.
• D)$1267.

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Definitions:

Lottery

A form of gambling which involves the drawing of numbers at random for a prize.

Vicarious Punishment

A learning process in which an individual observes another being punished and subsequently reduces their own engagement in the behavior that led to the punishment.

Vicarious Reinforcement

The process of learning and adapting behaviors by observing the consequences of actions performed by others, especially the rewards they receive.

Longitudinal Research Design

A methodological approach in research where participants are observed or tested repeatedly over a period of time to identify changes and developments.