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CFApipa · 2022年09月11日

请问为什么交易成本低有利于套利?

NO.PZ2016031201000017

问题如下:

An arbitrageur will most likely execute a trade when:

选项:

A.

transaction costs are low.

B.

costs of short-selling are high.

C.

prices are consistent with the law of one price.

解释:

A is correct.

Some arbitrage opportunities represent such small price discrepancies that they are only worth exploiting if the transaction costs are low. An arbitrage opportunity may require short-selling assets at costs that eliminate any profit potential. If the law of one price holds, there is no arbitrage opportunity.

中文解析:

A选项,交易成本很低有利于套利。选A。

B选项:做空的成本很高不利于套利,因为成本高可能使得套利无利可图。

C选项:价格始终遵守一价原则,即默认价格始终是合理的,那么就不会出现不合理定价从而产生套利机会

请问为什么交易成本低有利于套利?

1 个答案

Lucky_品职助教 · 2022年09月12日

嗨,从没放弃的小努力你好:


交易成本低,更加有利可图,就类似买卖股票,券商收的手续费和佣金低的话,赚的就更多

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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NO.PZ2016031201000017 问题如下 arbitrageur will most likely execute a tra when: A.transaction costs are low. B.costs of short-selling are high. C.prices are consistent with the lof one price. A is correct.Some arbitrage opportunities represent susmall priscrepancies ththey are only worth exploiting if the transaction costs are low. arbitrage opportunity mrequire short-selling assets costs theliminate any profit potential. If the lof one prihol, there is no arbitrage opportunity. 中文解析A,交易成本很低有利于套利。选A。B做空的成本很高不利于套利,因为成本高可能使得套利无利可图。C价格始终遵守一价原则,即默认价格始终是合理的,那么就不会出现不合理定价从而产生套利机会。 老师,连续几道关于一价原则的题目,我都做错了。可能是英文理解的问题。错点是,存在一价原则,或者价格坚持一价原则,就没有套利空间。那我想问,什么时候会选择一价原则呢?我经常理解,虽然一价原则是套利的结果,但是套利应该是基于一价原则才会发生的呀?

2023-08-04 16:37 1 · 回答

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2023-03-03 23:02 1 · 回答

costs of short-selling are high. prices are consistent with the lof one price. A is correct. Some arbitrage opportunities represent susmall priscrepancies ththey are only worth exploiting if the transaction costs are low. arbitrage opportunity mrequire short-selling assets costs theliminate any profit potential. If the lof one prihol, there is no arbitrage opportunity. C项可否理解为,因为一价原则,最终两个市场的相同标的会收敛,所以才去做套利交易。

2020-12-27 14:10 1 · 回答

可以帮忙翻译一下答案吗 谢谢

2018-10-22 13:45 1 · 回答