___ is the process of buying a security at a lower price in one market & selling it in another market at a higher price bringing about ___

Q. ___ is the process of buying a security at a lower price in one market & selling it in another market at a higher price bringing about ___.

A.            Arbitrage, market value

B.            WACC, equilibrium

C.            Operating leverage, equilibrium

D.            Arbitrage, equilibrium

Answer: Arbitrage, equilibrium

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