Use the following information to answer the question(s)below.
An exchange traded fund (ETF)is a security that represents a portfolio of individual stocks.Consider an ETF for which each share represents a portfolio of two shares of Apple Inc.(APPL),one share of Google (GOOG),and ten shares of Microsoft (MSFT).Suppose the current stock prices of each individual stock are as shown below:
-The price per share of this ETF in a normal market is closest to:
A)$800.
B)$1001.
C)$1067.
D)$1267.

Question

Use the following information to answer the question(s)below.
An exchange traded fund (ETF)is a security that represents a portfolio of individual stocks.Consider an ETF for which each share represents a portfolio of two shares of Apple Inc.(APPL),one share of Google (GOOG),and ten shares of Microsoft (MSFT).Suppose the current stock prices of each individual stock are as shown below: 
-The price per share of this ETF in a normal market is closest to:
A)$800. 
B)$1001. 
C)$1067. 
D)$1267.

Quizplus · Accepted Answer

The Answer of Use the following information to answer the question(s)below.
An exchange traded fund (ETF)is a security that represents a portfolio of individual stocks.Consider an ETF for which each share represents a portfolio of two shares of Apple Inc.(APPL),one share of Google (GOOG),and ten shares of Microsoft (MSFT).Suppose the current stock prices of each individual stock are as shown below: 
-The price per share of this ETF in a normal market is closest to:
A)$800. 
B)$1001. 
C)$1067. 
D)$1267.

Use the Following Information to Answer the Question(s)below