Question: On a given trading day, which goes from t = 0 to t = 1 , a trader perfectly anticipates the price paths of two

On a given trading day, which goes from t =0 to t =1, a trader perfectly anticipates
the price paths of two securities X and Y . She can only buy one of the securities at
the beginning of the trading day and must sell it at some point before the end of the
day. The price paths are

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