Firm Q is considering acquiring Firm P. Firm P is a struggling competitor of Firm Q, and Firm Q believes they can create synergies by replacing the ineffective management of Firm P. The type of synergies Firm Q is anticipating with this acquisition are known as:

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii