1.‘The bankruptcy code will provide greater clarity on the insolvency process, a key aspect of the risk analysis of securitization transactions.’ Elucidate. 2. Differentiate between operating lease...

1.‘The bankruptcy code will provide greater clarity on the insolvency process, a key aspect of the risk analysis of securitization transactions.’ Elucidate. 2. Differentiate between operating lease and finance lease. 3. Explain the term ‘net advantage in leasing’ and how is it used in the financial analysis of a lease vs. buy decision.