Distress perdition model? Factors? Result analysis? Applying? a) XYZ Inc. is a non-leveraged US based company which is operating in construction business. The board of director is planning to raise capital thru debt financing The Board approaches you for a consultation regarding debt financing in general. Please draft your recommendation including the following: I. The benefits and costs of debt financing (2 points for each with an explanation for each point) Market for debt raising (3 options shall be provided) III Guidelines and factors that the company should follow while raising debts (10 Marks) b) If XYZ Inc, approaches WES Bank for project debt financing, please explain the credit analysis process that WES bank would implement to process the application Please explain each step with an example. (8 Marks) c) Please explain the Z-score model in the following details: 1 Purpose of the model IT Formula and component (explain each component separately and what does each component measure) III the calculation result score card (7 Marks)