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please help me Question 1 In the context of the trade-off theory of capital structure, explain how each of the following would affect the rm's

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Question 1 In the context of the trade-off theory of capital structure, explain how each of the following would affect the rm's optimal choice of capital structure: (i) an increase in the marginal tax rate, (ii) the rm has more tangible assets, (iii) the rm is a monopolist in its product market. [15 marks] Question 2 The Sarbanes and Oxley Act of 2002 required rms to have a majority of independent directors on their board. Critically discuss the rationale of such a requirement. [15 marks] Question 3 a) In the context of Initial Public Offerings (IPO) explain what is under-pricing. [5 marks] b) Discuss in detail some of the explanations for under-pricing. [15 marks]

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