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You observe the following assets with the corresponding state-dependent payoffs: Securities A B C States 31772168925 Is this market complete? Is the following market structure
You observe the following assets with the corresponding state-dependent payoffs: Securities A B C States 31772168925 Is this market complete? Is the following market structure complete? Assets A B C States 234131215567812141620 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
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