Walgreen Company (NYSE: WAG) is currently trading at $48.75 on the NYSE.Walgreen Company is also listed on NASDAQ and assume it is currently trading on NASDAQ at $48.50.Does an arbitrage opportunity exist 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.
E) Yes,buy on NYSE and sell on NASDAQ,make $250.
Correct Answer:
Verified
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