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Qur Question (4 Marks/ CL01 Ahmed is an IT graduate. During his studies university studies, he met Mohamed who majored in finance. Upon graduation few

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Qur Question (4 Marks/ CL01 Ahmed is an IT graduate. During his studies university studies, he met Mohamed who majored in finance. Upon graduation few years ago, Ahmed and Mohamed decided to establish a new startup for a new mobile app. Ahmed was responsible for IT side, whereas Mohamed was responsible for business and finance part. They started their startup project as a partnership company. Now as they have been very successful, they are now considering going public and to make an initial public offering (IPO). Quest AJ Explain the meaning of "go public" and "to make an initial public offering" (1 Time B) Evaluate the relative advantage and disadvantages of doing that compared to their current form of business cat east we advantages and two disadvantages]. [2] C] Mohamed believes that this may not be an appropriate time to do that, as the current COVID- 19 situation may have affected the efficiency of financial markets. Evaluate the validity of this argument. Your answer should include: A clear statement whether you agree with Mohamed or not. A clear explanation/justification why you agree, or don't agree with him including a clarification of your understanding of the meaning of efficiency in this case, and the implication of COVID-19 situation

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