Q2 Subspaces of the payoff matrix Consider an asset market with three stocks A, B, C. The payoffs of these stocks at + = 1 will depend on the state of the world during the period. There are three states. The payoff matrix is 200 180 240 D=140 150 120 50 170 (Rows are states, columns are assets. Determine the Null Space and Row Space of matrix D. How do these spaces help us in analysing the financial properties of the given market? WORD LIMIT Q2: Two (2) normally formatted pages, or the equivalent of 500 words. [20 Marks) 90