问题如下:
The law of one price is best described as:
选项:
A.the true fundamental value of an asset.
B.earning a risk-free profit without committing any capital.
C.two assets that will produce the same cash flows in the future must sell for equivalent prices.
解释:
C is correct.
The law of one price occurs when market participants engage in arbitrage activities so that identical assets sell for the same price in different markets.
A is incorrect because the law of one price refers to identical assets. B is incorrect because it refer to arbitrage not the law of one price.
为什么不是A呀