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johnpaech johnpaech
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6 years ago
A McDonald's Big Mac value meal consists of a Big Mac Sandwich, Large Coke, and a Large Fry.  Assuming that there is a competitive market for McDonald's food items, at what price must a Big Mac value meal sell to ensure the absence of an arbitrage opportunity and uphold the law of one price?
A) $4.08
B) $4.38
C) $5.47
D) $5.77
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
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wrote...
6 years ago
C
Explanation:  C) 2.99 + 1.39 + 1.09 = 5.47
johnpaech Author
wrote...
5 years ago
Thanks for helping with my corporate finance course
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