Finance question 6 full answer required

6 (a) Whatare the key differences between debt capital and equity capital? 3 (b) Whatis the investment opportunities schedule (IOS)? (c) LLL Industries' mst recent annual dividend was Tk. 1.80 per share (D0=Tk.1.80), and the 6 firm's required return is 11 percent. Find the market value of LLL's shares when: i. Dividends are expected to grow at 8 percent annually for 3 years, followed by a 5 percent constant annual growth rate in years 4 to infinity. ii. Dividends are expected to grow at 8 percent annually for 3 years, followed by a 0 percent constant annual growth rate in years 4 to infinity. iii. Dividends are expected to grow at 8 percent annually for 3 years, followed by a 10 percent constant annual growth rate in years 4 to infinity. (d) Write a short note on followings: - Marginal Cost of Capital (MCC). - International Diversification. - Private Placement. [3+2+6+4=15]