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Classify the following trading activities as either a position trade, a pure arbitrage trade, or a risk arbitrage trade. 1. Buy Intel at $120 and
Classify the following trading activities as either a position trade, a pure arbitrage trade, or a risk arbitrage trade. 1. Buy Intel at $120 and hold it for six months in hopes of a price rise. II. Buy GE on the NYSE and immediately sell it at a higher price on the Pacific Exchange. III. Short sell Dell in anticipation of a poor quarterly earnings report
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