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

question 107

Essay

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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Definitions:

Markets

Places or platforms where buyers and sellers come together to trade goods, services, or financial instruments.

Two-way symmetrical

A public relations model emphasizing mutual understanding and balanced power between an organization and its stakeholders through dialogue and negotiation.

Effective Communications

The art and technique of sharing information in a way that the message is successfully received, understood, and responded to.

Symbolic-interpretive

An approach in social science that focuses on understanding the role of symbols, meanings, and interpretations in human behavior and organizational culture.