c. You are a small time investor and a corporate governance student. You prefer to invest in firms with low agency costs. State briefly, with reasons, why you are likely to or not likely to, invest in each of the following: i. A firm that is carrying a sizeable bank loan on its books; [2 marks] ii. A firm whose sizeable debt is essentially a public debt issue with widely dispersed ownership; [3 marks] iii. A firm that has many stockholders and stockholding is small per person; [2 marks] iv. A firm that has a dominant stockholder who is unrelated to management. [3 marks]