4.3 Debt and Equity Financing Options Assignment Overview For this assignment, you will research how airports chose between their debt and equity financing options for capital infrastructure projects. Explain how international, national, state, and local airport policy, politics, and economic regulation influence an airport's financial management strategies and profitability. Show why airport investment strategies are considered high risk by using examples of WACC and CAPM. Compare and contrast ROR using different definitions of airport assets, including revenue generator, public service, safety, and security infrastructure. Submission The paper should be 3 - 5 pages in length, demonstrating awareness of audience, purpose, context, genre, and medium as well as awareness of discipline and industry-specific conventions. The paper should be written using APA formatting. Use the Writing Style Guide for more information. Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters. Review the evaluation rubric for detailed grading criteria. This activity supports Module Objectives 3 & 4 and Learning Outcome 3