please please solve this problem urgently and perfectly. mention each part answer as you give. I will give positive rating if you solve perfectly and urgently and give correct answers.

1. You have the opportunity to invest in a security that produces the following risky cash flows depending on the state of the economy. t=1 t=2 t=3 166 Strong Economy 164 Weak Economy 124 147 126 The probability of a strong economy is 80%. Investing in the security will incur annual cost of EUR 17 for administration of the securities account. The risk-free interest rate is 2% and given the risk of the project, you demand a risk premium of 3%. The current price of the security is EUR 320.90. a) What is the expected cash flow of the security? b) What is the fair price of the security (=arbitrage-free price)? c) How can you exploit this arbitrage opportunity and what is the arbritrage profit you can realize today