question number 15

Which financial metric is used to measure the profitability of an investment by comparing the expected average annual profit to the initial investment cost? a. Payback Period b. Discounted Payback Period c. Accounting Rate of Return (ARR) d. Net Present Value (NPV) Which of the following is a key feature of project financing? a. The loan is secured by the borrower's overall creditworthiness b. The lender assumes all of the project's risk c. The loan is only repaid from the project's cash flow d. The borrower has control over the day-to-day operations of the project