Graded assignment ( 1 And Half Page Paper ) – 3 Apa References (Within The Paragraphs As Well)From Chapter 12, page 379 WEB-BASED CASE STUDY, THE FUTURE OF LIFE INSTITUTE. Read the case and answer all questionsElon-Musk donated $10 million to a foundation called the Future of Life Institute. The institute published an open letter from an impressive array of AI experts who call for careful research into how humanity can reap the benefits of AI “while avoiding its pitfalls.” Go online and find out about the institute’s initiatives. What are its primary goals? How can humans establish and maintain careful oversight of the work carried out by robots? How valid are Elon Musk, Bill Gates, and Stephen Hawking’s concerns? What other concerns should the public bear in mind as the technological revolution advances?______________________________________________________Discussion ( 5 Apa references within the paragraph ) – 900 wordsBeta and Capital BudgetingPart 1: BetaVisit the following web site or other websites:Yahoo Finance1. Search for the beta of your company (Group Project)2. In addition, find the beta of 3 different companies within the same industry as your company (Group Project).3. Explainto your classmates what beta means and how it can be used for managerialand/or investment decision4. Whydo you think the beta of your company (individual project) and those of the 3 companies you found are different from eachother? Provide as much information as you can and be specific.Part 2: Capital BudgetingBefore you respond to Part 2 of discussion 6 review the following information on Capital Budgeting TechniquesCAPITAL BUDGETING (PRINCIPLES & TECHNIQUES) – https://www.scribd.com/doc/37253036/Capital-Budgeting-Principles-Techniques To avoid damaging its market value, each company must use the correct discount rate to evaluate its projects. Review and discuss the following:• Compare and contrast the internal rate of return approach to the net present value approach. Which is better? Support your answer with well-reasoned arguments and examples.• Is the ultimate goal of most companies–maximizing the wealth of the owners for whom the firm is being operated–ethical? Why or why not?• Why might ethical companies benefit from a lower cost of capital than less ethical companies?