2. If you are given the following information in the simulation for one security, using the given equation in the case brief, what range can you expect the final price to be?

Final expected price at time 56; $64.42

Final expected price at time 106; $58.39

3. Does information asymmetry create a more profitable environment for arbitrageurs? Why or why not?

4. Suppose asset A is trading at $45.25; Asset B is trading at $27.50; and the ETF is trading at $73.20. Is there an arbitrage opportunity here? If so, how would you trade to make profit?