EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 9780134202778
Author: DeMarzo
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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Chapter 3, Problem 18P
Summary Introduction

To determine: The current risk-free interest rate under no arbitrage opportunities.

Introduction:

Arbitrage pricing theory is an asset-pricing model.  No arbitrage is an arbitrage-free condition. Under this situation, all the assets are priced appropriately and there are no chances of one’s gain to overcome the market gains without facing any risks.

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EBK CORPORATE FINANCE

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