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2 pts Question 18 In order for an arbitrage relation to be completely enforceable, all assets must trade in financial markets asset payoffs must be
2 pts Question 18 In order for an arbitrage relation to be completely enforceable, all assets must trade in financial markets asset payoffs must be known with certainty All of the other choices are necessary conditions. asset positions must have equal liquidity assets must have zero transactions costs > Question 19 2 pts Unlike corporate bonds, you will not encounter a municipal bond with - provisions floating rate sinking fund security call zero coupon
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