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Please show ALL Steps The following describes the evolution of an arbitragefree market with 3 states of the world and 4 primal-3r assets. Calculate c.

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The following describes the evolution of an arbitragefree market with 3 states of the world and 4 primal-3r assets. Calculate c. SD = {1? C, 2,1) 1 1 1 1 5 8 5 15 1 1 11 1 D

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