1. Suppose we have four bonds with prices and cash flows as shown Bond Price Cash flow Cash flow Cash flow Cash flow Time zero Time one time two time three time four A 930 100 100 100 1100 B 85 50 50 0 0 160 100 50 50 0 D 700 0 0 0 1000 Is there arbitrage opportunities in this bond market? Can you calcu- late the zero coupon bond price corresponding to each future time? What if the bond C's cash flow at time two is 100? Is there any arbitrage opportunity? Why? 1. Suppose we have four bonds with prices and cash flows as shown Bond Price Cash flow Cash flow Cash flow Cash flow Time zero Time one time two time three time four A 930 100 100 100 1100 B 85 50 50 0 0 160 100 50 50 0 D 700 0 0 0 1000 Is there arbitrage opportunities in this bond market? Can you calcu- late the zero coupon bond price corresponding to each future time? What if the bond C's cash flow at time two is 100? Is there any arbitrage opportunity? Why