I ignore the Hojlund factor.
Since this match contains a cautious element, the best scenario for the result is probably a draw based on the style of play that I have seen from the last 3 matches between these two in the PL.
I think Hojlund needs to play, if he has been 100% healed. Maybe 20 minutes of the end of the second half or second in. They can take advantage of Arsenal's mistakes by counterattacking. I think those opportunities are always there. But to win I think it's very difficult for the current conditions. So one point may already be pretty good. The market has closed, Ten Hag must be able to make use of existing players. The best hope is that the new players recover soon.