Question: QUESTION 29 1 points Save Answer In order to satisfy the lender's requirement, the sponsor needed to provide equity at least equal to 25% of

QUESTION 29 1 points Save Answer In order to satisfy the lender's requirement, the sponsor needed to provide equity at least equal to 25% of the total purchase price. Given the debt capacity of $745 million, what would be the total purchase price assuming the sponsor contributed equity equal to 25% of total price? A. 745 million B.993 million C. 248 million D.841 million E. 625 million QUESTION 30 1 points Save Answer Assuming a $1,045 million purchase price and a $745 million borrowing, what would be the IRR to the equity sponsors? A. 25% 0 30% C-35% 0 D. 40% 0 0 E. 45%
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