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A3. (Arbitrage opportunities) Which of the following transactions would allow you to maike arbitrage profits? a. You can buy 1,000 shares of Benet Bancorporation for

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A3. (Arbitrage opportunities) Which of the following transactions would allow you to maike arbitrage profits? a. You can buy 1,000 shares of Benet Bancorporation for $61.25 per share in Toronto and sell them for $61.50 in Seattle. Transaction costs ll be 0.50. it for $5,700. Transaction and shipping costs total $700 for $730 to a Baltimore bond dealer. Commissions will be $40 b. You can buy a used diesel engine in Phoenix for $4,500 and ship it to St. Louis and se c. You can buy a Richmond Utility bond for $700 from a small Georgia bank and sell t

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