Question 6. State Preferences Theory (independently and detailed solutions) Two securities have the following payoffs in the two equally likely states of nature at the end of one year: Security j k Payoff 8=1 S=2 $10 $20 $30 $10 Security j costs $8 today, whereas k costs $9, and your total wealth is currently $720. c.) If there were two securities and three states of nature, you would not be able to find a completely risk-free portfolio. Why not