Question 1: You are the CFO of a typical publicly traded firm in the U.S. How would you advise the firm's CEO, executives, and directors of the board (all of them as a group) on the following questions? Explain your reasoning as appropriate. Answer in general terms, but do reference specific major factors (e.g., certain firm characteristics) that would lead you to provide significantly different advice. Furthermore, be absolutely sure to (at least briefly) address how your advice would anticipate and be useful in times of great financial market and real economic stress (but don't make such circumstances the centerpiece of your answer). [Line 23] *** Answer above this line *** [Line 24] (4 marks) Q1: What key considerations would you point out if the firm were still private and contemplating going public? What difference would it make if the firm were also contemplating issuing securities? All in terms of shareholder value maximization, why would the public firm consider going private, and describe the process in the medium and long runs? *** Answer below this line *** Answer: Question 1: You are the CFO of a typical publicly traded firm in the U.S. How would you advise the firm's CEO, executives, and directors of the board (all of them as a group) on the following questions? Explain your reasoning as appropriate. Answer in general terms, but do reference specific major factors (e.g., certain firm characteristics) that would lead you to provide significantly different advice. Furthermore, be absolutely sure to (at least briefly) address how your advice would anticipate and be useful in times of great financial market and real economic stress (but don't make such circumstances the centerpiece of your answer). [Line 23] *** Answer above this line *** [Line 24] (4 marks) Q1: What key considerations would you point out if the firm were still private and contemplating going public? What difference would it make if the firm were also contemplating issuing securities? All in terms of shareholder value maximization, why would the public firm consider going private, and describe the process in the medium and long runs? *** Answer below this line ***