Homework answers / question archive / If there were 2 securities and three states of nature, you would not be able to find a completely risk-free portfolio

If there were 2 securities and three states of nature, you would not be able to find a completely risk-free portfolio

Business

Share With

If there were 2 securities and three states of nature, you would not be able to find a completely risk-free portfolio. Why? (explanation through state preference theory,complete market )