NO.PZ2016031202000007
问题如下:
Which of the following is not a result of arbitrage?
选项:
A.Convergence of prices.
B.Market efficiency.
C.The law of similar prices.
解释:
C is correct. Arbitrage forces the prices to converge, thus market efficiency improves. The law of one price is the result of arbitrage, not the law of similar prices.
中文解析:
套利迫使价格趋同,从而提高了市场效率。A和B的表述是对的。
law of one prices是套利的结果,而不是law of similar prices。C表述错误
题干要去选错误的表述,选C
the law of one price,我觉得是arbitrage产生得原因,有一价律,才可以导致套利,不是吗?能否解释一下套利导致一价律背后得原理?