a) On April 3RD 2018, Spotify Ltd, the Swedish streaming music company listed on the New York Stock Exchange with an offer price of $132 per share. Is it an example of direct or indirect financing? Explain. (b) XYZ has just issued a 120 day bank accepted bill (BAB) with a face value of 25 million when the interest rate is 5% p.a. How much is the BAB selling for? (c) ABC is a small company with no credit rating. Can the company still raise debt in the short-term money market? How