To take advantage of an arbitrage opportunity, an investor would 1) construct a zero-investment portfolio that will yield a sure profit. II) construct a zero-beta-investment portfolio that will yield a sure profit. III) make simultaneous trades in two markets without any net investment. IV) short sell the asset in the low-priced market and buy it in the high-priced market. Select one: O o a. I and IV b. I and III c. II, III and IV d . I, III, and IV e . Il and III o O