Question: ) Pari-passu refers to A. ranking projects equally using the NPV and IRR. B. operating expenses growing at the same rate as rents. C. the

) Pari-passu refers to

A. ranking projects equally using the NPV and IRR.

B. operating expenses growing at the same rate as rents.

C. the situation where capital providers all provide their equal share.

D. an equal distribution of taxes.

E. the situation that until the first hurdle all investors get a return distribution based on their capital contribution.

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