Proof of the sufficiency part of FTAP 1 0s.t. V D=S No Arbitrage . an arbitrage port fold &. Proof. the Mo[4] 2017 [e] zo Побрзо Suppose that there exists St. [1] Lo об Jk (M+[e])<>0 arque not possible M₁ [1] = 4.5 = P. (0·4) = (1-0). 4 = ≤ (1+[P]); 4; ΛΙ S.P.V. Mo [] cannot be Lo. Contradiction! The VI von-ve = (MT [P])k. Yk. Supposition is correct 2) NA 14370

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