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Walgreen Company (NYSE: WAG)is Currently Trading at $48

question 18

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 exists and if so how would you exploit it and how much would you make on a block trade of 100 shares?


Definitions:

Insanity Defense

A legal defense used in criminal trials where the defendant claims that they should not be held responsible for their actions due to mental illness.

Intention to Commit

A plan or decision to engage in a specific action or behavior.

Irresistible Impulse Rule

A legal defense theory stating that a defendant was compelled to commit a crime due to an overwhelming impulse that they could not resist, despite understanding the nature of the act.

Diminished Capacity

A legal defense asserting that an individual's mental state, though not completely impaired, was significantly disturbed at the time of the crime, affecting their judgment or intentions.

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