please give answer to problem no. 3, 4, 5, 8, and 9. Thank you very much.

1. hat are the key differences between debt and equity? 2. How are assets divided in bankruptcy? 3. List the characteristics of common stock and common stockholders. a. Ownership b. Par value c. Preemptive rights d. Authorized, outstanding and issued shares e. Treasury stock f. Voting rights g. Dividends h. Proxy statement 4. List the characteristics of preferred stock and preferred stockholders. a. Basic rights of preferred stockholders b. Features of preferred stock 5. What is the role of an investment banker? 6. Define the efficient-market hypothesis. 7. Define behavioral finance. 8. Briefly define the common stock dividend valuation models: zero-growth, constant- growth and variable-growth. 9. Briefly define the common stock valuations: book value, liquidation value and price/earnings multiples