a. What does the term limits to arbitrage mean? b. If there were no limits to arbitrage,
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a. What does the term “limits to arbitrage” mean?
b. If there were no limits to arbitrage, what would have been the relationship between 1 share of 3Com and 1.5 shares of Palm?
c. If there were no limits to arbitrage, what would have been the relationship between the prices of Royal Dutch and Shell?
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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