1. Briefly discuss Financial State Preference Theory in terms of Uncertainty and Alternative scenarios as they are delivered and/or occur in Pure Capital Market Securities and Portfolios. 2. What does Copeland, et al present in terms of financial Objectives of Choice in Mean- Variance Portfolio Theory and Analysis? Briefly discuss the authors directions relative to Diversification and Optimality of Portfolio Choices for individuals, Assets and optimal Portfolios. 3. Provide a brief discussion of at least two Cost of Capital budgeting technique (levered and unlevered approaches) and/or model elements which attempt to assist Financial Managers to produce Market Equalibrium in their capital budgeting, cost maintenance and effective financial management markets