Q4. Explain the concept of Financial Distress and Financial Slack. Also write th

Q4. Explain the concept of Financial Distress and Financial Slack. Also write th

Q4. Explain the concept of Financial Distress and Financial Slack. Also write the benefits and drawbacks of Financial Slack. [2 Mark]

Q5. What is Underwriter Spread? Explain with example. Write down the steps followed in an IPO Flowchart.[2 Marks]