(a.) Define an arbitrage portfolio . (b.) A financial market X(t) is likely to contain arbitrage portfolio . Given that dX0(t)=0.dX1(t)=4dt+3dB1(t)2dB2(t)dB3(t).dX2(t)=2dt+2dB1(t)+2dB2(t)+4dB3(t).dX3(t)=dt+dB1(t)+dB2(t)+dB3(t). Assist the managers on whether or not there is pricing arbitrage. (c.) Find the value V(t=T) for (0,1,1).(0,1,1,1) Evaluate the following claims: (a.) I=0TB(t)dB(t);RB(0)=0. (b.) I=tB(t)dB(t). (a.) Define an arbitrage portfolio . (b.) A financial market X(t) is likely to contain arbitrage portfolio . Given that dX0(t)=0.dX1(t)=4dt+3dB1(t)2dB2(t)dB3(t).dX2(t)=2dt+2dB1(t)+2dB2(t)+4dB3(t).dX3(t)=dt+dB1(t)+dB2(t)+dB3(t). Assist the managers on whether or not there is pricing arbitrage. (c.) Find the value V(t=T) for (0,1,1).(0,1,1,1) Evaluate the following claims: (a.) I=0TB(t)dB(t);RB(0)=0. (b.) I=tB(t)dB(t)