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The law of one price exists due to arbitrage opportunities. If the price of a security, commodity or asset is different in two different markets,
The law of one price exists due to arbitrage opportunities. If the price of a security, commodity or asset is different in two different markets, then an arbitrageur will ______ the asset in the more expensive market and ________ it where prices are lower. sell, purchase purchase, sell purchase, purchase sell, sell
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