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Solve clearly Consider a single period economy which can enter one of three possible states indexed by 1, 2, and 3. Each of these states

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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 Asset B Asset C State 1 1.80 1.05 0.80 State 2 1.20 1.05 0.90 State 3 0.5 1.05 1.3 Using the above information to answer Questions 9 10. 9.What is the value of the SDF in state 2? Group of answer choices 1.261 0.756 0.840 1.320 10.Which state is the worst state

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