Go through news articles summarizing the recent problems faced by China's Evergrande Group, as written in the news. Then, in a couple of paragraphs provide your analysis of the capital structure of the group: What are the benefits of debt financing? What are the costs (that would not have arisen had the group was financed entirely with equity)? Why are they finding it difficult to get financing? Answer based on market frictions in mind. Go through news articles summarizing the recent problems faced by China's Evergrande Group, as written in the news. Then, in a couple of paragraphs provide your analysis of the capital structure of the group: What are the benefits of debt financing? What are the costs (that would not have arisen had the group was financed entirely with equity)? Why are they finding it difficult to get financing? Answer based on market frictions in mind