Dear Team,

kindly need this request very urgently, I need the answers to the below question, please.

Regards,

Randys, a family-owned restaurant chain operating in Alabama, has grown to the point that expansion throughout the entire Southeast is feasible. The proposed expansion would require the firm to raise about $18.3 million in new capital. Because Randys currently has a debt ratio of 50% and because family members already have all their personal wealth invested in the company, the family would like to sell common stock to the public to raise $18.3 million. However, the family wants to retain voting control. You have been asked to brief family members on the issues involved by answering the following questions:

Describe the typical first-day return of an IPO and the long-term returns to IPO investors.

What are the direct and indirect costs of an IPO?

What are equity carve-outs?

Describe some ways other than an IPO that companies can use to raise funds from the capital markets.

What are some other investment banking activities? How did these increase investment banks risk?

What is meant by going private? What are some advantages and disadvantages? What role do private equity funds play?

What is project financing?