(1) Consider a complex financial market with risk-free borrowing and lending, stocks, options, and other derivatives. Suppose all market participants exercise the NPV rule. Argue that the NPV for any mar- ket opportunity must be zero by answering the following questions. (i) (4pt) Suppose NPV > O for a market opportunity. Would its demand increase or decrease? As a consequence, would its initial cost increase or decrease? Finally, would its NPV increase or decrease? (ii) (4pt) Suppose NPV