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    Corporate Finance Study Set 3
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    Exam 3: Financial Decision Making and the Law of One Price
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    Consider an ETF That Is Made Up of One Share
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Consider an ETF That Is Made Up of One Share

Question 51

Question 51

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 163.15 (bid)$163.20 (ask).What should you do?

Correct Answer:

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There is an arbitrage opportun...

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