I need help with a basic finance question..?

You are the chief financial officer (CFO) of Gaga Enterprises, an edgy fashion design firm. Your firm needs 13 million to expand production. How do you think the process of raising this money will vary if you raise it with the help of a financial institution versus raising it directly in the financial markets?

The process of raising the money will vary if you raise it with the help of a financial institution verses raising it directly in the financial markets by: (select all that apply)

a) investment banking institutions will allow the gaga enterprises CFO to raise more money at a lower cost per dollar raised. b) financial institutions, such as investment banks, provide expertise in the acquisition of funds c) investment banking institutions are able to use the expertise developed through the acquisiton of funds for many firms to reduce the effort and cost of acquiring funds for any single business. d) raising the money directly in the financial markets will allow the Gaga Enterprises CFO to avoid the invesetment bank's commissions and thus raise more money at a lower cost per dolla rraised.

Your broker calls to offer you the investment opportunity of a lifetime, the chance to invest in mortgage based securities. The broker explains that these securities are entitled to the principal and received from a pool of residential mortgages. List some of the questions you would ask your broker to assess the risk of this investment opportunity? (List only one choice below)

a) what % of borrowers are behind on their mortgage payments? b) quality of real estate (is it in good condition, or would there need to be repairs prior to the sale) c) real estate location (after all, the 3 most important determinants is location location location) d) Precedence in Bankruptcy (would other lenders have a senior claim to properties in bankruptcy) e) Will borrowers soon be experiencing an interest rate increase because they out a mortgage with a low initial rate that was adjustable rather after a period of time) f) Type of real estate (commercial properties offer less liquidity if the market turns sour, because empty homes can be rented for revenue) g) % of properties in the region that are "under water," (homeowners owe more than they borrowed) or in foreclosure. h) Creditworthiness of borrowers (how likely is it that borrowers will lose their joband be unable to make payments on a timely basis. i) all of the above.

I have selected i) all of the above and got it wrong. Then I selected H) creditworthiness of borrowers, and got it wrong. Could someone please help!!