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    Exam 3: Arbitrage and Financial Decision Making
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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 78

Question 78

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 maximum bid price for this ETF in a normal market is closest to: A)  $167.80 B)  $167.90 C)  $168.00 D)  $168.10
-Consider an ETF that is made up of one share each of IBM,MRK,and C.The maximum bid price for this ETF in a normal market is closest to:


A) $167.80
B) $167.90
C) $168.00
D) $168.10

Correct Answer:

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