Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 6 of 7
Which of the following is LEAST LIKELY to be a result of arbitrage?
B. Law of one price
C. Earning a return in excess of return appropriate for the assumed risk
A. More efficient markets
B. Law of one price
C. Earning a return in excess of return appropriate for the assumed risk
User Contributed Comments 1
| User | Comment |
|---|---|
| cgbobmpo | So you mean, C is the correct answer. Admin: corrected. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain how the concepts of arbitrage and replication are used in pricing derivatives
CFA® 2024 Level I Curriculum, Volume 5, Module 4.