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Suppose that c1, c2, and c3 are the prices of European call options with strike prices K1, K2, and K3, respectively, where K3 > K2

Suppose that c1, c2, and c3 are the prices of European call options with strike prices K1, K2, and K3, respectively, where K3 > K2 > K1 and K3 K2 = K2 K1. All options have the same maturity. Assuming no arbitrage, what is the relation between c1, c2, and c3?

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