BAM313-FN-Bay Land, Inc. has the following distribution of returns

Please answer one question, no plagiarism and at least 350 words. Unit 2:Please answer ONE of the following:1. Bay Land, Inc. has the following distribution of returns:State Return ProbabilityBoom 0.3 0.25 Normal 0.4 0.15 Bust 0.3 0.30Assuming that these returns are normally distributed, what is the probability that Bay Land, Inc. will return less than 7.25%? Show all work, and clearly explain and state your answer.You want to invest in bonds. Examine whether or not each provision listed will make the bonds more or less desirable as an investment: call provision, convertible bond provision, subordinated debt.The price of DDS Corporation stock is expected to be $45 in 5 years. Dividends are anticipated to increase at an annual rate of 10 percent from the most recent dividend of $1.00. If your required rate of return is 15 percent, how much are you willing to pay for DDS stock?Unit 2 Examination