1 Consider a single period economy which can enter one of three possible states indexed by 1, 2, and 3. Each of these states occurs with equal probability. There are three assets in this economy and their gross returns are state dependent as given below: Asset A Asser B Asset C State 1 1.75 1.05 0.80 State 2 1.20 1.05 0.90 State 3 0.5 1.05 1.31 Using the above information to answer Questions 11 - 12. What is the value of the SDF for state 2? Pls round your answer to 2 decimal places, e.g., 0.12. AutoSave 116 1 2 3 4 5 6 Off H SECURITY WARNING Automatic update B D Quantity Dollar Investme -200 -$20,000 $30,000 7 Price 8 9 10 11 12 13 14 15 16 17 18 100 200 10000 19 20 21 22 23 24 25 ac 150 1 Consider a single period economy which can enter one of three possible states indexed by 1, 2, and 3. Each of these states occurs with equal probability. There are three assets in this economy and their gross returns are state dependent as given below: Asset A Asser B Asset C State 1 1.75 1.05 0.80 State 2 1.20 1.05 0.90 State 3 0.5 1.05 1.31 Using the above information to answer Questions 11 - 12. What is the value of the SDF for state 2? Pls round your answer to 2 decimal places, e.g., 0.12. AutoSave 116 1 2 3 4 5 6 Off H SECURITY WARNING Automatic update B D Quantity Dollar Investme -200 -$20,000 $30,000 7 Price 8 9 10 11 12 13 14 15 16 17 18 100 200 10000 19 20 21 22 23 24 25 ac 150