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please show steps. thank you! 1. (a) Discuss what is meant by the Value Maximization criterion? (b) Stocks A and B have the following probability

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1. (a) Discuss what is meant by the Value Maximization criterion? (b) Stocks A and B have the following probability distributions of expected future returns. Probability (25%) (40%) 0.1 0.2 0.4 0.2 0.1 15 30 45 16 40 i. Calculate the expected rate of return, k, for Stock B. ii.Calculate the standard deviation and coefficient of Is it possible that most investors might regard Stock B as variation of expected returns for Stock A. being less risky that Stock A? Explain

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