please answer all parts

Question 3 (25 marks) (a) Suppose you sell a fixed asset for $109,000 when its book value is $129,000. If your company's marginal tax rate is 21 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? (5 marks) (b) Bond price is affected by the change in interest rate, if all else equal, which bond's price is more affected by a change in interest rates, a bond with a large coupon or a small coupon? why? (10 marks) (a) Explain the differences between venture capitalize and private equity. (10 marks)