A bank receives an application from a manufacturing firm that requires a $$10$ million loan to develop a shopping center store. The company is listed on the Stock Exchange and is well recognized and established. Any financial projections provided would be well regarded. The company's credit rating is BB and its bonds are trading at $6\mathrm{.}0\%,$ with the current appropriate Government bond rate being $4\mathrm{.}5\%.$ The average share price for the period was $$5\mathrm{.}25.$ As well as the financial projections, the following condensed financial information is given Total current assets $$1275000000$ Total noncurrent assets $$1140000000$ Total assets $$2415000000$ Total current liabilities $$720000000$ Total noncurrent liabilities $$508000000$ Total liabilities $$1190000000$ Shareholders' equity $$745000000$ Retained earnings $$480000000$ Number of shares on issues $388000000$ Profit before tax was $$480,000,000$ on sales of $$1,120,000,000,$ which continued the increased profitability of the company. As part of current assets, inventory was $$150,000,000.$ Assume that the lending institution has a recovery rate of $90\%$ for BB rated bonds Using the following outline to derive your decision on the loan. You must analyze the calculation results. $1.(25$ pts$)5$ Cs approach $2.(5$ pts$)$ Market$-$based premium $3.(25$ pts$)$ Altman Z$-$score $4.(10$ pts$)$ Your lending decision with detailed explanation $5.(5$ pts$)$ Briefly explain framework for credit and lending decisions