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:

Government

The organization, or group of people governing an organized community, often a state, and responsible for the creation and enforcement of laws.

Governmental Classification

The organization or categorization of information, individuals, or entities by a government based on certain criteria.

Defamation

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

Actual Malice

In defamation law, the requirement to prove the defendant made a statement with knowledge of its falsity or with reckless disregard for the truth.