Use the Information for the Question(s)below

question 82

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)$161.31
• B)$322.62
• C)$362.36
• D)$483.93

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Definitions:

Clutch Release Forks

Mechanical levers inside a vehicle's transmission that disengage the clutch from the engine, allowing for gear changes.

Release Bearing

Usually refers to the clutch release mechanism actuated by clutch pedal movement.

Clutch Brake

A component located in the transmission system that helps to stop the gears from spinning, enabling smoother shifts, especially in manual transmissions.

Two-Piece Clutch Brake

Usually refers to a replacement clutch brake that can be fitted to a transmission input shaft without removing the transmission. An example is the Spicer KwikKonnect.