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Use the Table for the Question(s) Below

Question 66

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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 currently is $167.85 (bid)$167.95 (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 currently is $167.85 (bid)$167.95 (ask).What should you do?

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Nothing; there is no arbitrage...

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