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    Exam 3: Financial Decision Making and the Law of One Price
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    Use the Table for the Question(s)below
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Use the Table for the Question(s)below

Question 7

Question 7

Multiple Choice

Use the table for the question(s) below. Use the table for the question(s) below.   -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) $265.29. B) $265.44. C) $270.00. D) $270.15.
-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) $265.29.
B) $265.44.
C) $270.00.
D) $270.15.

Correct Answer:

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