Which of the following statements is an accurate description of why a firm may dispose of an asset via a spin-off as opposed to a divestiture or equity carve-out? Group of answer choices(a) The firm wants to maintain part ownership of the asset while raising capital by issuing shares to new investors. (b) The firm believes that the value of the asset is being understated due to cross-subsidization and hence wants to establish the asset as its own corporate entity with all shares owned by the original shareholders. (c) The firm wants to raise capital to implement an acquisition of another company. (d) Both (a) and (c) (e) All of (a), (b) and (c)