1. Discuss the $31 and $56 IPO prices for Wok Yow within the context of comparable firms and their multiples.You can use some outside reference materials from companies in similar industries for comparison purposes. Then take a position on whether you would recommend the $31 or $56 IPO.Which one is more feasible?Take a position on which of the two business plans you would invest in as an investor, which financial instrument of the company you would want to invest in and what kind of a return you would expect on your money.