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2. Following table provides the prices of two ETF, please design an arbitrage trading strategy to take the riskless profit. Assume the investment in each
2. Following table provides the prices of two ETF, please design an arbitrage trading strategy to take the riskless profit. Assume the investment in each ETF is USD10,000, and no transaction costs. What's the arbitrage profit? (20 marks) Price at 1 March, 2020 Price at 5 March, 2020 ETF A 12.58 USD 13.36 USD ETF B 18.49 USD 19.21 USD
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