Complete the following table by putting an X in the column that corresponds to the following statements:
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Corporate finance Proiect finance The borrower's assets serve as guarantee on the financing Leverage depends on cash flows generated by the project and is very high Once the deal is in place, the borrower's financial elasticity is lower than before As far as accounting, the only effect will be (debt or equity) participation in an extemal company Future cash flows are the main variables used to quantify the financin
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The borrowers assets serve as collateral on the financing Leverage depends on cash f...View the full answer
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