Use the Table for the Question(s)below

question 59

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 bid price for this ETF in a normal market is closest to:

• A)$162.85
• B)$163.00
• C)$168.00
• D)$168.10

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Definitions:

Brake Drums

Components of a drum brake system which rotate with the wheel and where the brake shoes press against to stop the vehicle.

Reconditioning

The process of repairing, restoring, or otherwise returning a used or worn product to a good, usable condition, often involving replacing parts and a thorough cleaning.

Heat Checked

A term describing the presence of surface cracks on a component, such as a brake disc, caused by repeated heating and cooling cycles.

Governor Cutout Pressure

The pressure at which a compressor’s governor stops the compressor from building air, thereby preventing over-pressurization in a pneumatic system.