Use the Following Information to Answer the Question(s)below

question 8

Essay

Use the following information to answer 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 Apple Inc.(APPL),one share of Google (GOOG),and ten shares of Microsoft (MSFT).Suppose the current stock prices of each individual stock are as shown below:
-If the ETF is currently trading for $1300,what arbitrage opportunity is available? What trades would you make?

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Definitions:

Tracked Changes

A feature in word processing software that records edits made to a document, allowing users to review and manage changes.

Editing Restrictions

Limitations set within a document or application that prevent certain actions or changes from being made by unauthorized users.

Filling in Forms

The act of entering information into specific fields of a form, which can be done manually or digitally, often required for applications, registrations, or surveys.

Date Picker Content Control

An interface element that allows users to select a date from a graphical calendar display, typically used in forms.