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    Corporate Finance
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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 69

Question 69

Essay

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 current quote for this ETF is $265.19 (bid)$265.34 (ask).What should you do?
-Consider an ETF that is made up of one share each of IBM,MRK,and C.The current quote for this ETF is $265.19 (bid)$265.34 (ask).What should you do?

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Nothing,there is no arbitrage ...

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