The market trades in three fixed-income
securities: A, B, and C. Security A is a 2-year bond paying 40 at date 1
and 80 at date 2. Security B is a 1-year bond paying 50 at date 1. Security
C pays 30 at date 1 and 40 at date 2. Prices are pa=100, pb=45 and pc=62.
Determine the rank of this market. Is this market complete?