a. In business, there are always costs. In particular, there are costs for funds required by a business for its operations. If Beta Corp, a profitable and reputable business, requires $1 million for expansion and have the following options to raise the money for the purpose: Issue new shares, which will incur $50,000 in professional fees; Issue corporate bonds at 5% to be redeemed in 3 years; or Borrow from its bank at 5% to repay in 3 years. Assuming the expansion project will be successful and the company will continue to enjoy similar level of profitability, what is your choice in the order of preference and why? b. c