Question: The following table shows prices of three shares that would prevail under three economic scenarios. stock A B C Recession A=12,B=8,C=9 Normal A=7,B=13,C=9 BOOM A=15,B=5,C=9

The following table shows prices of three shares that would prevail under three economic scenarios.

stock A B C

Recession A=12,B=8,C=9

Normal A=7,B=13,C=9

BOOM A=15,B=5,C=9

If all of these stocks cost $8 today. Perform necessary calculations to check if there are any arbitrage opportunities.

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