Question: Does leverage matter in valuing project finance? Question 3 options Because using a fixed leverage at peak level of indebtedness overvalues the project It does

Does leverage matter in valuing project finance?

Question 3 options

Because using a fixed leverage at peak level of indebtedness overvalues the project

It does not matter

Because using a fixed leverage at peak level of indebtedness undervalues the project

None of the above

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