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:

Opening

The initial part or phase of an event, activity, or period of time, often setting the tone for what follows.

Defamation

The act of damaging someone's reputation by making false and harmful statements.

Direct Approach

A straightforward and candid way of dealing with situations or communicating with others, without evading or being indirect.

Defamation

A false communication that harms someone's reputation, either orally (slander) or in writing (libel).