Problem 3 You observe the following assets with the corresponding state-dependent payoffs: Securities ABC 3 7 8 States 1 2 9 Is this market complete? 7 16 25 Is the following market structure complete? Assets A B C 1 15 12 2 3 6 14 States 312 7 16 4 15 8 20 If the market is not complete, introduce a derivative security to complete it. Construct an Arrow-Debreu security by introducing calls or puts on these assets. Can you reproduce the same structure by using only puts