Question: QUESTION 1 Explain the difference between project finance and corporate finance (4 marks) Explain the main phases of a projects life cycle (8 marks) Explain

QUESTION 1

  1. Explain the difference between project finance and corporate finance (4 marks)
  2. Explain the main phases of a projects life cycle (8 marks)
  3. Explain the terms Full recourse, Limited recourse and Non recourse project finance (6 marks)
  4. Explain the advantages of project financing (7 marks)

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