Use the Table for the Question(s)below

question 7

Multiple Choice

Use the table for the question(s) below.
-Consider an ETF that is made up of one share each of IBM,MRK,and C.The minimum ask price for this ETF in a normal market is closest to:

• A)$265.29.
• B)$265.44.
• C)$270.00.
• D)$270.15.

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Definitions:

Professional Development

Ongoing learning and training activities that individuals engage in to enhance their skills, knowledge, and competencies for career advancement.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Matrix Structure

An organizational design that combines two or more types of structures, typically functional and product-based, to leverage the advantages of both.

Functional Manager

is a manager who has authority over a specific department or unit within an organization, specializing in a particular function such as marketing or finance.