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D 40 20 3. Determine if no arbitrage exists: Is it complete? (a) 5o= (25), D=64 : ) (b). So = (zs), D=-{6.30 (6) So

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D 40 20 3. Determine if no arbitrage exists: Is it complete? (a) 5o= (25), D=64 : ) (b). So = (zs), D=-{6.30 (6) So (s), DEC 3620) = zo (d) ) . 1 40 S. = () (9):1-(66 D 10 20 S 10 D 40 20 3. Determine if no arbitrage exists: Is it complete? (a) 5o= (25), D=64 : ) (b). So = (zs), D=-{6.30 (6) So (s), DEC 3620) = zo (d) ) . 1 40 S. = () (9):1-(66 D 10 20 S 10

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