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John Maynard Keynes once commented: The markets can remain irrational longer than you can remain solvent. Which ONE of the following limits to arbitrage was
John Maynard Keynes once commented: The markets can remain irrational longer than you can remain solvent. Which ONE of the following limits to arbitrage was he referring to?
Multiple Choice
a. Implementation costs
b. Fundamental risk or converging speed risk
c. Model risk
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