Question 10: Suppose that Teva is traded both at TA-35 and Nasdaq stock exchange. a. Suppose that the market price on TA-35 is $40. Assuming No-Arbitrage condition, what can you say about the price on Nasdaq? b. Suppose that the market price on TA-35 and Nasdaq is $40 and $38.5 respectively. How can you make an arbitrage profit? (Assume no trading costs). Show the cash flow of your strategy. c. In addition to the provided market price, suppose that buying and shorting stocks on TA- 35 cost $0.75 while buying and shorting stocks on Nasdaq cost $0.5. can you still make an arbitrage profit? If so, what will happen to the market price on TA-35 and Nasdaq? Assuming that you have no impact on the market price of securities traded in Nasdaq. What are all possible prices of Teva traded in TA-35 under the No-Arbitrage condition