Question
Consider an ETF for which each share represents a portfolio of 2 shares of Apple, 1 share of Google, and 10 shares of HP. Suppose
Consider an ETF for which each share represents a portfolio of 2 shares of Apple, 1 share of Google, and 10 shares of HP. Suppose the current stock prices of each individual stock is:
Apple 200.23
Google 570.51
HP 29.61
What is the price per share of this ETF in a normal market?
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
