The recent call for Corporate Governance in the financial institution industry aligns with securing the interest of all stakeholders of the modern corporation. From the financial management perspective, in particular, corporate governance improves financial performance and hence sharcholder value maximisation. Empirical evidence in Ghana and beyond, points to the fact that corporate governance, cannot guarantee shareholder value maximisation. O A rescarch directorate has been awarded a research contract. For the contract to be completed on schedule, the director has broken the assignment into three separate tasks and assigned a (cam to cach task. The director estimates that the reliabilities of the teams are, 0.9, 0.8, and O.7 for teams A, B and C respectively. To enhance the chances of success, the director has assigned two independent teams, one to team B and the other to team C, cach with a reliability of 0.6. However, the addition of the independent teams attracts a cost of GH5,000 per team. If the contract is not completed successfully, the directorate will incur a cost of GH20,000. i. Calculate the reliability of the arrangment put in place to exccute the contract successfully. (4 marks) ii. Determine the chances of failure with thc composition of the two independent teams to backup teams B and C. (1 mark) i. Calculate the reliability of the arrangement to have the contract executed by teams A, B and C without the backup from the two independent teams. (1 mark) v. Considering the cost of failure, would you recommend the inclusion of the two independent teams? (5 marks)