can anyone please answer this question for me please?

Asset Economy and (no) Arbitrage. (15 marks) Consider the economy with two states of the world and two risky financial assets al and a2. Assets' state payoffs are given in the matrix al a2 $1 a. (2 marks) Is the above financial market complete? Explain what this means and verify. Suppose further the prices of the assets (a1, a2) are q1 = 2, q2 = 3. b. (1 mark) Explain the concept of market span, M(q), in general. (2 marks) Describe the market span of this economy. c. What are arbitrage opportunities? (2 marks) Explain this concept refering to the concept of market span. d. (1 mark) Explain what Arrow securities are? (2 marks) What is the connec- tion between the prices of the Arrow securities and the existence of the arbitrage opportunities? e. (2 marks) Calculate Arrow security prices in this economy. f. Suppose the investor desires to hold a portfolio that pays 20 in state 2 and 10 in state 1. How much should this porfolio cost? (1 mark) Construct such portfolio from assets a, and a2 as above (2 marks). Your answer should be the holdings of the corresponding assets (21, 22)