Question 17 A project to build a new tunnel connecting North and South London is proposed....
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Question 17 A project to build a new tunnel connecting North and South London is proposed. The project budget is estimated at £600 million. The UK government will contribute £200 million in grants to the project and the project sponsors will invest £50 million. The remainder of the project will be funded by bank loans. Calculate the debt:equity ratio of the project. a) 87.5:12.5 b) 66.67:33.33 c) 10:90 d) 12.5:87.5 e) 90:10 Question 17 A project to build a new tunnel connecting North and South London is proposed. The project budget is estimated at £600 million. The UK government will contribute £200 million in grants to the project and the project sponsors will invest £50 million. The remainder of the project will be funded by bank loans. Calculate the debt:equity ratio of the project. a) 87.5:12.5 b) 66.67:33.33 c) 10:90 d) 12.5:87.5 e) 90:10
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Small Business Management Launching & Growing Entrepreneurial Ventures
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17th edition
Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy
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