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Gold Fields is building a 4 0 MW solar power plant at its South Deep gold mine at a cost of R 6 6 0

Gold Fields is building a 40MW solar power plant at its South Deep gold mine at a cost of R660 million, including contingencies and escalation.
To raise the required total project cost, Gold Fields has a structured project finance comprising of 60% equity and 40% debt. Given a cost of equity of 10% and a cost of debt of 6%;
What is the debt value of the investment.
A) R264 Million
B)R369 Million
C) R396 Million
D) R246 Million

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