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    Corporate Finance Study Set 5
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    Exam 3: Arbitrage and Financial Decision Making
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    No Arbitrage Is Equivalent to the Idea That All Risk-Free
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No Arbitrage Is Equivalent to the Idea That All Risk-Free

Question 46

Question 46

Multiple Choice

No arbitrage is equivalent to the idea that all risk-free investments should offer investors ________.


A) zero return
B) the same return
C) positive returns
D) negative returns

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