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Author Question: Which of the following statements regarding the Law of One Price is INCORRECT? (Read 66 times)

cool

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on: Jul 9, 2019
Which of the following statements regarding the Law of One Price is INCORRECT?
◦ If equivalent goods or securities trade simultaneously in different competitive markets, then they will trade for the same price in both markets.
◦ An important property of the Law of One Price is that it holds even in markets where arbitrage is not possible.
◦ One useful consequence of the Law of One Price is that when evaluating costs and benefits to compute a net present value (NPV), we can use any competitive price to determine a cash value, without checking the price in all possible markets.
◦ At any point in time, the price of two equivalent goods trading in different competitive markets will be the same.
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by cool on Jul 9, 2019

aadams68

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cool

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Reply 2 on: Jul 9, 2019
Excellent

mochi09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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