Walgreens Company (NYSE: WAG) Is Currently Trading at $48

question 41

Multiple Choice

Walgreens Company (NYSE: WAG) is currently trading at $48.75 on the NYSE. Walgreens 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 and 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:

Serum Protein Electrophoresis

A laboratory technique used to separate and analyze the proteins in blood serum, often for diagnostic purposes.

Cell-Mediated Immune Response

A component of the immune system involving the activation of certain immune cells to defend against foreign pathogens without the involvement of antibodies.

Major Histocompatibility Complex (MHC)

A set of cell surface proteins essential for the immune system to recognize foreign molecules in vertebrates, which plays a critical role in immune response.

Interferons

Proteins produced by the body's cells as a defensive response to pathogens such as viruses, regulating the immune response.