Examlex

Solved

There Is (At Least) One (Smallish) Profitable Arbitrage at These

question 67

Essay

There is (at least) one (smallish) profitable arbitrage at these prices. What is it?


Definitions:

Desired Situation

The ideal or preferred state or outcome that an individual or organization aims to achieve.

Environment of Risk

The context or situation that is characterized by uncertainty and potential for loss or harm in decision-making and actions.

Complete Information

A condition in decision-making where all relevant data and potential outcomes are known and accessible.

Probabilities

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 1 indicates certainty.

Related Questions