Consider an arbitrage-free one-period market model. Which of the following statements hold? Select one or...
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Consider an arbitrage-free one-period market model. Which of the following statements hold?
Select one or more:
a.
There exists a replicable security.
b.
If CC is replicable, then there exists a unique replicating portfolio.
c.
Every security is replicable.
d.
The set of replicable securities form a vector space of dimension at most d+1d+1.
Consider an arbitrage-free one-period market model. Which of the following statements hold? Select one or more: There exists a replicable security. O b. If C is replicable, then there exists a unique replicating portfolio. O c. Every security is replicable. Od. The set of replicable securities form a vector space of dimension at most d+1
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