Suppose the state of nature is summarized by the value of the market portfolio which has a discrete probability distribution with possible values of: [$1, $2, $3, $4]. A range of put options with different strike prices are available on the market portfolio and their prices are given below: Put Strike Put Prices 2 $0.1 $0.6 $1.2 5 $2.1 Using the above information to answer Questions 13 - 16 Calculate the price of the Arrow-Debreu security that pays $1 in the state where the value of the market portfolio is equal to $2. 0.3 3 4 h 116 1 2 33563 4 SECURITY WARNING Automatic update c B Quantity Dollar Investme -200 -$20,000 $30,00 Price 7 8 9 10 11 12 13 14 15 100 200 10000 16 17 18 19 20 21 22 23 24 25 26 Ready 150 T3Q1 Accessibility: I Suppose the state of nature is summarized by the value of the market portfolio which has a discrete probability distribution with possible values of: [$1, $2, $3, $4]. A range of put options with different strike prices are available on the market portfolio and their prices are given below: Put Strike Put Prices 2 $0.1 $0.6 $1.2 5 $2.1 Using the above information to answer Questions 13 - 16 Calculate the price of the Arrow-Debreu security that pays $1 in the state where the value of the market portfolio is equal to $2. 0.3 3 4 h 116 1 2 33563 4 SECURITY WARNING Automatic update c B Quantity Dollar Investme -200 -$20,000 $30,00 Price 7 8 9 10 11 12 13 14 15 100 200 10000 16 17 18 19 20 21 22 23 24 25 26 Ready 150 T3Q1 Accessibility