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Consider an ETF That Is Made Up of One Share

question 5

Essay

Consider an ETF that is made up of one share each of IBM,MRK,and C.The current quote for this ETF currently is $162.85 (bid)$163.00 (ask).What should you do?


Definitions:

Likelihood

The probability or chance of an event occurring or a hypothesis being correct.

Pay

Remuneration given by an employer to an employee for their labor or services.

Credit Period

The duration during which a buyer can pay for purchased goods or services without incurring interest or penalties.

Discount Period

The time period between the present date and the maturity date of a bill of exchange or a delayed payment, during which a discounted price may be applied.

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