b. Do you have a reasonable explanation as to why the anomaly persists and does not disappear

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b. Do you have a reasonable explanation as to why the anomaly persists and does not disappear due to the arbitrageurs’ actions?

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Related Book For  book-img-for-question

Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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