Consider an investor with $10000 available to invest. He has the following options regarding the allocationof his available funds: (1) he can invest in a risk-free savings account with a guaranteed 3% annual rateof return; (2) he can invest in a fairly safe stock where the possible annual rates of return are 6% 8% or10%; or (3) he can invest in a more risky stock where the possible annual rates of return are 1% 9%or 17%. Note that the investor can place all of his available funds in any one of these options or he can split his $10000 into two $5000 investments in any two of these options. The joint probability distribution of the possible return rates for the two stocks is givena.)just build the payoff matrix model in each caseb.)compute a regret (opportunity loss) matrix.HINT:Your payoff matrix should have six strategies and nine states of nature.