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4. You are giving the following information: ayoff Security State 1 State 2 Security Price $12 $20 j P $22 $24 $10 $20 . k

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4. You are giving the following information: ayoff Security State 1 State 2 Security Price $12 $20 j P $22 $24 $10 $20 . k (1) What are the prices of pure security 1 and pure security 2? (2) What is the initial price of a third securityi , for which the payoff in state 1 is $6 and the payoff in state 2 is $10? 4. You are giving the following information: ayoff Security State 1 State 2 Security Price $12 $20 j P $22 $24 $10 $20 . k (1) What are the prices of pure security 1 and pure security 2? (2) What is the initial price of a third securityi , for which the payoff in state 1 is $6 and the payoff in state 2 is $10

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