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:

Information

Data that has been processed or organized in a meaningful way that is valuable for decision-making.

Purpose Statement

A declaration that outlines the goals, intentions, or aims of a project or organization.

Organizational Focus

The prioritization and concentration of an organization's resources and efforts on specific objectives or areas of operation.

Complexity

The state of having multiple interconnected parts, which can make a system or problem difficult to understand or solve.