please provide great answers for the questions in word doc with great literature. please complete asap if possible

1. There are several academic studies of how Venture Capitalists add value to their portfolio companies through stage financing, portfolio approach (investing in a portfolio of companies in the same or related industries), active investment style with significant control rights, including the right to replace the management team, etc. I would like to hear your opinion about these and other mechanisms of Venture Capital investments as valueadding tools. 2. JOBS Act was signed into law in 2012, but only in 2015 SEC adopted Rules to Facilitate Smaller Companies' Access to Capital. Starting May 16, 2016, companies can use crowdfunding to offer and sell securities to the investing public (see the SEC Bulletin) and effect of crowdfunding on private equity investment is quite uncertain. Professional magazines discuss the future of VC and crowdfunding. Thus in 2013 CFO published an article "How Venture Capital and Crowdfunding Can Coexist". Entrepreneur magazine sometimes agrees (How Venture Capital and Crowdfunding Can Be Mutually Beneficial), but sometimes it sounds more skeptical "Will These 5 Models of Crowdfunding Replace Angel and VC Investors?" How JOBS act affect private equity investment in the near future? 3. Some airlines, like Southwest Airlines, manage their future costs by implementing very active hedging strategy (fuel derivatives, options to buy aircraft), while others don't. Why do firms like Southwest hedge? What are the costs and benefits of hedging? Please be aware that when oil prices go down, this strategy become very costly, as Southwest saw in 2009 (Forbes article) and in late 2014 (Reuters). Please read this article (Fuel Hedging by Carter, Rogers, Simkins, Financial Management 2006) for some interesting thoughts on the topic. 4. A friend of yours argues that WACC should be used as a discount rate in valuing a risky project using certaintyequivalent cash flows, when revenues are hedged using forward prices. Please comment. 5. Many academics strongly advocate using real options in valuation of intangible assets. See, for example, Damodaran's article (you can also download it from here). Nevertheless, this method is not used in practice very often. In your opinion, what are the reasons for not seeing real option valuations of intangibles more often? 6. There is some anecdotal evidence that option to abandon does not have as much value as theory predicts, because managers tend to get attached to a project and abandon it later than they should. Can you think of other examples, when behavioral bias affects the value of real options? How would you suggest to adjust the theoretically predicted value