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APT assumes, in theory, arbitrage __________________________. cost is not zero is the creation of riskless profits made possible by relative mispricing among securities is an

APT assumes, in theory, arbitrage __________________________.

		cost is not zero
		is the creation of riskless profits made possible by relative mispricing among securities
		is an example of the law of one price
		is an example of a risky trading strategy that does not always work out

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