It was announced on Thursday September 19th 2019 that Airbnb plans to go public in 2020. a)What is the difference between and IPO and an SEO? (5 marks) b)Explain the 4 different IPO listing mechanism that Airbnb could use when selling their shares to the public for the first time (20 marks) Assume that Airbnb were already listed on the stock exchange. c)Discuss the various methods of issuing shares in an SEO. (20 marks) Airbnb decided to embark on a deep discounted rights issue. d)Smith (1977) provides a number of reasons to explain the preference for underwritten offerings over deep discounted rights issues. Outline the various reasons proposed.