5. Based on Exhibit 2, Troubadour should find that an arbitrage opportunity relating to TSI shares is

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5. Based on Exhibit 2, Troubadour should find that an arbitrage opportunity relating to TSI shares is A. not available.

B. available based on carry arbitrage.

C. available based on reverse carry arbitrage.

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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