can you give me an explaination so i can understand the material

11. Equity investment in start-up private companies is called: A. venture capital B. mezzanine financing C. initial public offering (IPO) D. none of the above 12. Which of the following is probably not a good reason for leasing instead of buying? A. Leasing may provide off-balance sheet financing B. Leasing may reduce administrative and transaction costs C. Tax shields can be used D. All of the above are good reasons 13. Firm A has a value of $100 million, and B has a value of $70 million. Merging the two would allow a cost savings with a present value of $20 million. Firm A purchases B for $75 million. What is the cost of this merger? A. $30 million B. $20 million C. $5 million D. $10 million Cost =7570=5 14. The following data on a merger is given: Firm A has proposed to acquire Firm B at a price of $20 per share for Firm B's stock. Calculate the gain from the merger. A. $600 B. $150 C. $550 D. $700 11,00010,000400=600