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Advanced Micro Devices (NYSE: AMD) Is Currently Trading at $20

Question 107

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Advanced Micro Devices (NYSE: AMD) is currently trading at $20.75 on the NYSE. Advanced Micro Devices is also listed on NASDAQ. Assume it is currently trading on NASDAQ at $20.50. Does an arbitrage opportunity exist and, if so, how would you exploit it and how much would you make on a block trade of 1000 shares?

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Yes, buy 1,000 share...

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