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Which of the following statements regarding Arbitrage and the Law of One Price is most incorrect (wrong)? a. At any point in time, the price

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Which of the following statements regarding Arbitrage and the Law of One Price is most incorrect (wrong)? a. At any point in time, the price of two equivalent goods trading in two different competitive markets will different. b. When evaluating costs and benefits to compute a net present value, we can use any competitive price to determine a cash value, without checking the price in all possible markets. c. If equivalent goods or securities trade simultaneously in two different competitive markets, then they will trade for the same price in both markets. d. The Law of One Price does not hold even in markets where arbitrage is not possible. e. None of the other answers are incorrect

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