Suppose that after some adjustments to City's Balance sheet (see Part A), total assets are $4,500m, Suppose further that interest-bearing liabilities equal 40% of total assets.City's manager is contemplating expanding the Trust's investment portfolio and provides the following information:

1. total acquisition cost of the expansion will be $2,000m
2. City's in-house maximum debt to asset target ratio is 48%
3. the going market LVR is 70%
4. Whatisthe structure of the new financing arrangementslikely tobe?Show all workings clearly.