Consider an arbitrage-free one-period market model. Which of the following statements hold? Select one or...

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Finance

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.

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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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