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Walgreen Company (NYSE: WAG)is Currently Trading at $48

Question 29

Multiple Choice

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? 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.

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