Consider this single period market model, is the model arbitrage free? If it is, describe the set of risk-neutral measures. If it is not, find an arbitrage opportunity.

(B) N= {w1,w2, W3} with a bond with risk-free rate r = and one risky asset with prices S8 = 5, s}(w) = ?O, S/(wa) = 40, Sf (w) = 10 (B) N= {w1,w2, W3} with a bond with risk-free rate r = and one risky asset with prices S8 = 5, s}(w) = ?O, S/(wa) = 40, Sf (w) = 10