If the co-presidents of Finagle A Bagel had approached

1. If the co-presidents of Finagle A Bagel had approached venture capitalists for funding, they probably would have been able to open more new stores in less time. Instead, they opted to use bank financing that has to be repaid. Do you agree with their decision? Why?2. Given their growth plans, why would the co-presidents repay principal and interest on borrowed money rather than pay interest only? Which repayment plan would Finagle A Bagel’s bank prefer?3. Assuming that Finagle A Bagel decides to raise money through an IPO, what are the advantages and disadvantages of issuing stock to obtain the money needed to start or expand a business?4. As an investor, would you be willing to buy shares in Finagle A Bagel? Explain why the company’s stock would or would not be a good investment for you.