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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Definitions:

Deoxyribonucleic Acid

A molecule that encodes an organism's genetic blueprint, commonly known as DNA.

Unpredictable Change

Refers to alterations in environmental, social, or other factors that cannot be anticipated with current knowledge or technology, often leading to significant impact on ecosystems or societies.

Hardy-Weinberg Principle

A principle that describes the genetic equilibrium within a population, stating that allele and genotype frequencies remain constant from generation to generation in the absence of evolutionary influences.

Royal Families

Hereditary ruling dynasties characterized by a succession of sovereigns from the same family, often maintaining political power through generations.