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3. Suppose that state price vector of Single-Period model has the form XER 8 = 0.2 + 2x [0.6 - 3x Determine whether the market

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3. Suppose that state price vector of Single-Period model has the form XER 8 = 0.2 + 2x [0.6 - 3x Determine whether the market is arbitrage free

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