Advanced Micro Devices (NYSE: AMD) is currently trading at $20.75 on the NYSE. Advanced Micro Devices is also listed on NASDAQ

Assume it is currently trading on NASDAQ at $20.50. Does an arbitrage opportunity exist and, if so, how would you exploit it and how much would you make on a block trade of 1000 shares?


Answer: Yes, buy 1,000 shares × 20.50 ($20,500) and sell 1,000 shares × 20.75 ($20,750) = $250.00.

Business

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Imagine that you are a manager of a local shoe store with the responsibility for four employees. Outline a detailed plan for how you would implement MBO to increase overall store revenue by 10% by the end of the year.

What will be an ideal response?

Business

Martha is walking along a street with her son when he is hit by a passing car just as he steps off the pavement. He dies in his mother's arms, leaving her traumatized

The court hearing the case rules that Martha's son was "not responsible for the accident." Martha can sue the person who killed her son to recover damages for ________. A) tort of outrage B) breach of duty of care C) negligent infliction of emotional distress D) transfer of intent

Business

The strategically relevant factors outside a company's industry boundaries-economic conditions, political factors, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions-are known as

A. the competitive market environment that exists between a company and its competitors. B. the dominant economic features of a company's industry. C. the industry and the competitive arena in which the company operates. D. general economic conditions plus the factors driving change in the markets where a company operates. E. a company's macro-environment.

Business

The purpose of a buffer statement in a negative message is to ________

A) ensure that the company avoids legal liability. B) reduce the reader's shock or pain related to the bad news. C) inform the reader of the reasons for the bad news. D) explain company policy regarding the bad-news message.

Business