【单选题】Consider two securities, A & B. Suppose a third security, C, has the same cash flows as A and B combined. Given this information about securities A,B, & C, which of the following statements is INCORRE...
A.
If the total price of A and B is cheaper than the price of C, then we could make a profit selling A and B and buying C.
B.
Price(C) = Price(A) + Price(B)
C.
Because security C is equivalent to the portfolio of A and B, by the law of one price they must have the same price.
D.
The relationship known as value additivity says that the value of a portfolio is equal to the sum of the values of its parts.