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 minimum bid price for this ETF in a normal market is closest to:
A)$162.85
B)$163.00
C)$168.00
D)$168.10

Question

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 minimum bid price for this ETF in a normal market is closest to:
A)$162.85 
B)$163.00 
C)$168.00 
D)$168.10

Quizplus · Accepted Answer

A)Here we use the Bid prices Value = 123.20 + 36.50 + 3.15 = 162.85

Use the Table for the Question(s)below