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Walgreen Company (NYSE: WAG) is currently trading at $48.50 on the NYSE. Walgreen Company is also listed on NASDAQ and assume it is currently trading
Walgreen Company (NYSE: WAG) is currently trading at $48.50 on the NYSE. Walgreen Company is also listed on NASDAQ and assume it is currently trading on NASDAQ at $48.75. Does an arbitrage opportunity exists and if so how would you exploit it and how much would you make on a block trade of 100 shares?
A.) No, no arbitrage opportunity exists.
B.) Yes, buy on NASDAQ and sell on NYSE, make $25.
C.) Yes, buy on NYSE and sell on NASDAQ, make $25.
D.) Yes, buy on NASDAQ and sell on NYSE, make $250.
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