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Which of the following is NOT true about arbitrage: ( 5 Points ) * Arbitrage occurs when the law of one price is violated Arbitrage

Which of the following is NOT true about arbitrage:

(5

Points

) *

Arbitrage occurs when the law of one price is violated

Arbitrage is an opportunity to earn a risk

-

less profit.

Arbitrage is common in efficient markets

Arbitrage may involve short selling

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