a) You need finance to expand your rapidly growing business. Briefly describe three (3) advantages AND three (3) disadvantages of raising capital through private equity b) Other than private equity, identify and describe one (1) alternative source of financing you could explore to raise capital. Provide and briefly discuss a recent example of a 'real world' capital raising activity to support your answer C) Two firms are looking to borrow funds from a commercial bank for 10 years. Alpha Ltd has an exceptional credit rating and can borrow at the prime rate. On the other hand, due to some financial distress recently encountered during COVID-19, Beta Ltd's credit rating is prime + 4. The current prime rate is 4.75%. The 30-year Treasury bond yield is 3.60%, 10-year Treasury bond yield is 1.75%, 5-year Treasury bond yield is 1.10%, and the 3-month Treasury bill yield is 0.30%. What are Alpha and Beta's respective loan rates? d) One of the conditions that the M&M propositions required regarding firm capital structure was for there to be no tax. Does the introduction of tax decrease or increase the value of a company? Explain e) Dusk Ltd has $25 million of debt outstanding and $15 million of equity outstanding. \The cost of equity is 12%, cost of debt is 8.25% and company tax rate is 30%. What is the weighted average cost of capital for Dusk Ltd?