The directors of Mega Ltd are considering increasing capital. The directors are considering

whether to raise capital via public issues, right issues, accelerated right issues or placing new

shares with a group of new investors. Some directors argue that the placement of shares is a

better option over public issues. Some other directors argue that there is no difference between

'accelerated right issue and placement of shares' and 'right issue and public issue'. As the junior

accountant of Mega Ltd$,$ you have been asked to prepare a memorandum report to the CEO of

Mega Ltd$-$ Ms Aroha Benton addressing the following.

Required

a$)$ Explain your opinions on the directors' argument that "there are no differences between

accelerated right issue and placement of shares and right issue and public issue". In

your explanations also provide the definitions$/$meanings of these four capital raising

options.

b$)$ Critically evaluate why Mega Ltd should choose a placement of shares over an issue of

shares to the public. how do i get academic resources or can you provide me some so i can reference relevant

professional$/$academic authorities and accounting standards $($where necessary$)$in my answer.