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Arbitrage I. Has a net investment of $0 II. Has a return of 0% if the assets are in equilibrium III. Theoretically has zero risk

Arbitrage

I. Has a net investment of $0

II. Has a return of 0% if the assets are in equilibrium

III. Theoretically has zero risk

a. I, II, and III

b. III only

c. I only

d. II only

e. I and II

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