3. Consider a one-period economy with two times, 0 and T. There are S N-3 securities with payoff matrix 3 states and 23 12 10 D 30 21 10 16 27 10 Describe the space of all attainable payoffs.

3. Consider a one-period economy with two times, 0 and T. There are S N-3 securities with payoff matrix 3 states and 23 12 10 D 30 21 10 16 27 10 Describe the space of all attainable payoffs