Answer these questions, thank you!1. Discuss some advantages and disadvantages of debt vs. equity financing. Discuss how excess debt financing becomes dangerous during periods of financial/economic instability, e.g. Global financial crisis, current pandemic.(9 points)2. What is underpricing? Discuss how underpricing varies with time, market conditions and from country to country. Discuss the main theories/reasons/factors that explain underpricing.(9 points)
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