Q.3. What ia camital structure?. When markets are imperfect then why managers need to be Worried about the inix of deht and equity? llow market imperfectiens such as taanleruptry cost, agency cist and corporiate tires aflect the choice of incbt and equity, and the cost of capital, (i ustify your arguments through necessary calculations and eraphs) Marlist 12.50 Q.4 When managers decides to distritute dividend then they will have to face certain challenges, what are these challeages? What are basic ideas hehind the dividend irreleyance theory, bird-in-the-hand fallacy, tax preference and sipnaling theory. Tleing at a finance maitager yatar primary fot is to maximLize the sharehuldars' wealth so which ane theorem give you support to athin the gools. [lustify your arguments throiegh riecessiry calculations and igraphs) Markst 12.50