Question $8$

What is true about Vulture Financing?

$1$ point

It's the separation into two different deals deriving from the fact that the Replacement financing occurs when the company is dead, whereas the Distressed Financing occurs in mature age.

It's the separation into two different deals deriving from the fact that one occurs in the mature age and the other one occurs in the expansion.

It's the separation into two different deals deriving from two different ways of regulation.

$9.$

Question $9$