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15. You are in a job interview. The company is planning to raise additional capital, either through long-term debt or issuing voting common shares to finance an exciting investment in a gold mine. You are asked to comment on the merits and drawbacks of each option. (4 Marks) Issue Specify alternative Reason (write "debt" or (brief but clear points please!) "common shares" (if more space is needed, feel write to write on another sheet of paper) 1. Which strategy will have the highest total after-tax income, all other things being equal? 2. Which strategy will have the highest earnings per share if the additional earnings from the investment in the gold mine are less than the cost of debt? 3. Which strategy poses the largest risks for the company? tt 4. What is the primary reason for issuing debt over equity