Fnu Lnu – Dinar Guru The law of one price exists because differences between asset prices in different locations would eventually be eliminated due to the arbitrage…The arbitrage opportunity would be achieved whereby a trader would purchase the asset in the market it is available at a lower price and then sell it in the market where it is available at a higher price. Over time, market equilibrium forces would align the prices of the asset. This should clear up the misconception of getting a better rate at a bank versus a redemption center, etc…. The rate will be the rate, no matter where, due to the law of One Price. [Post 2 of 2]