In lay man terms, this would mean that there would be a considerable shift from Debt based financing to Equity based financing in the current pandemic

. On this basis, as a banker;

(i) Describe the difference between Debt Financing and Equity Financing

(ii) Explain with a business example the application of Equity Financing

(iii) Formulate a conclusion if Equity Financing is the way forward in improving the current economic climate.

(iv) Identify 1 scenario that supports Equity Financing