Question 1: Answer all parts A. You are the CFO of a company that requires additional 200 million finance for expansion. What are the considerations in deciding whether to raise debt or equity? Discuss how current market conditions might impact your decision.(15 marks) B. "From the perspective of a company raising capital, convertibles are great because they offer a lower return than straight debt and we just dish out shares rather than (15 marks) having to find cash to redeem the bonds". Discuss. debt position lender's perspective. C. Outline some of the restrictive covenants a bank might impose to protect their senior (10 marks) D. Explain why a higher Debt Service Coverage Ratio (DSCR) is preferable from the (10 marks)