You own your own​ firm, and you want to raise $30 million to fund an expansion.​ Currently, you own​ 100% of the​ firm's

[answerhappygod]

You own your own​ firm, and you want to raise $30 millionto fund an expansion.​ Currently, you own​ 100% ofthe​ firm's equity, and the firm has no debt. To raise the$30
million solely through​ equity, you will need tosell​ two-thirds of the firm.​ However, you would preferto maintain at least a​ 50% equity stake in the firm to retaincontrol. a. If you borrow $15 ​million, what fraction of the equitywill you need to sell to raise the remaining $15 ​million? (Assumeperfect capital​ markets.)b. What is the smallest amount youcan borrow to raise the $30 million without givingup​ control? (Assume perfect capital​ markets.)