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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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