Which of the following statements regarding arbitrage is the most correct? We call a competitive market in which there are no arbitrage opportunities an arbitrage market. Any situation in which it is possible to make a profit while taking on risk is known as an arbitrage opportunity. The practice of buying and selling equivalent goods in different markets to take advantage of a price difference is known as arbitrage. Any situation in which it is possible to make a profit by making an investment is known as an arbitrage opportunity. If Moon Corporation has depreciation or amortization expense, which of the following is TRUE? Its EBITDA/Interest Coverage ratio will be greater than its EBIT/Interest Coverage ratio. Its EBITDA/Interest Coverage ratio will be less than its EBIT/Interest Coverage ratio. Its EBITDA/Interest Coverage ratio will be equal to its EBIT/Interest Coverage ratio. Not enough information to answer the