Consider the following model, and suppose that r = 0. n 1 Sn(0) Sn(1,w1) Sn(1,w2) Sn(1, W3) 16 16 25 24 4 4 5 6 2 (a) Show that there is no risk-neutral probability measure for this model. (b) Find an arbitrage opportunity. Consider the following model, and suppose that r = 0. n 1 Sn(0) Sn(1,w1) Sn(1,w2) Sn(1, W3) 16 16 25 24 4 4 5 6 2 (a) Show that there is no risk-neutral probability measure for this model. (b) Find an arbitrage opportunity