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Firm commitment versus best efforts. Astro Investment Bank offers Lunar Vacations the following options on ts initial public sale of equity: (a) a best efforts arrangement whereby As wil keep 24% f the retai sa eser b at m com tentara gement of S 700 000 Lunarpar son eng 1 0 0 0 shares at St 177 per share to put c riset10 %of the shares, which is the better choice for Lunar Vacations? Which is the better choice for Astro Investment Bank? Under the best efforts arrangement, what are the proceeds for Lunar Vacations? $ 11487520 (Round to the nearest dollar) Under the firm commitment arrangement, what are the proceeds for Lunar Vacations? $ 9700000 (Round to the nearest dolar ) The best choice for Lunar Vacations is the best efforts Under the best efforts arrangement, what are the proceeds for Astro Investment Bank? arrangement. (Select from the drop-down mernu) 282480 (Round to the nearest doilar) Under the tirm commitment arrangement, what are the proceeds for Astro Investment Bank? to the nearest dollar)