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:

Stock	Current Price
APPL	200.23
GOOG	570.51
MSFT	29.61

What is the price per share of this ETF in a normal market?

Answer rating: 100% (QA)

ANSWER To calculate the price per share of the ETF we need to ... View the full answer