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Basic Question 8 of 13
An arbitrage opportunity would yield a profit based on a ______.
B. net investment of $0
C. high level of risk
A. net investment of $5
B. net investment of $0
C. high level of risk
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Learning Outcome Statements
describe market efficiency and related concepts, including their importance to investment practitioners
contrast market value and intrinsic value
explain factors that affect a market's efficiency
CFA® 2024 Level I Curriculum, Volume 3, Module 3.