Use the Information for the Question(s) Below

question 8

Multiple Choice

Use the information for 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 International Business Machines (IBM) , three shares of Merck (MRK) , and three shares of Citigroup Inc. (C) . Suppose the current market price of each individual stock are shown below:

-The price per share of the ETF in a normal market is closest to:

• A) $168.00
• B) $336.00
• C) $424.50
• D) $504.00

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Definitions:

Hominoids

A taxonomic group that includes all modern and extinct apes and humans, characterized by a more complex brain and greater flexibility in behaviors than other primates.

Neandertal Genome

The genetic code or DNA sequences extracted from Neandertal remains, which provides insights into the characteristics and evolutionary history of Neandertals.

Biological Trends

Patterns or directions in the development or evolution of life forms, often observed through the study of genetics and fossil records.

Cultural Trends

The way cultural elements, such as beliefs, practices, fashion, and technology, change and gain popularity over time within a society.