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Second type of arbitrage

Two assets with uncertain returns can be combined in a portfolio that will have a certain payoff. If a portfolio of A & B has a certain payoff, the portfolio should yield the risk-free rate.
Law of one price

Two assets with identical cash flows in the future, regardless of future events, should have the same price. If A & B have identical future payoffs, and A is priced lower than B; buy A & sell B.

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