Today it's December 5,2022 . You have just been appointed CFO of a big company that in your opinion is underleveraged. You think the proportion of debt should be higher. Lots of investment banks are after you advising you to issue bonds. At the same time, you think that credit markets and fixed income markets levels in general are unsustainable. You think that, despite the change in the central banks' policies seen in the last few months, the general level of interest rates will still be much higher a year from now. What would you do? Would you increase the company's leverage now that interest rates and credit spreads are higher than a year ago and still on the rise? To what extent? Would you say yes to the bankers and issue a bond? What tenor would you choose? What would you do with the proceeds? (15 points)