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Explain the arbitrage strategies employed by Long Term Capital Management (LTCM) and why such strategies may be considered well-founded and explain how basis risk contributed

Explain the arbitrage strategies employed by Long Term Capital Management (LTCM) and why such strategies may be considered well-founded and explain how basis risk contributed to LTCM's ultimate demise.

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LongTerm Capital Managements LTCM Arbitrage Strategies LTCMs success stemmed from exploiting market inefficiencies through various arbitrage technique... blur-text-image

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