C6. The payoffs of assets A, B and C in time periods 0 (current), 1 and 2 are as follows. Payoffs at Time period 0 1 2 A 500 750 Asset B -300 200 250 C -500 300 500 a) What is the fair price of asset A?[4 points] b) Suppose the price of A as traded in the market is 770. What is the trade to take advantage, be clear about ratio of securities and gains? [3 points] c) Suppose B trades at a bid price of 290 and an ask price of 310, instead of 300 above. Suppose C trades at 490 bid and 510 ask. Suppose A is bid at 755 and offered at 785. How does this change the economics of the trade in (b) above