Consider an ETF That Is Made Up of One Share

question 45

Multiple Choice

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

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Definitions:

Boomerang Children

Adults who return to live in their parent's home after a period of independence, often due to economic reasons.

Middle-Class Lifestyle

A standard of living typically associated with the middle class that includes a comfortable level of income, security, and amenities.

Empty Nest

The stage in a parent's life when their children have left home to live independently.

Launching Stage

A phase in family life cycle theory where grown children leave their parents' home to establish their independent lives.