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Which of the following is not a characteristic of project financing? Select one: a. the project is an economically separable capital investment b. project sponsors

Which of the following is not a characteristic of project financing?

Select one:

a. the project is an economically separable capital investment

b. project sponsors intentionally aggregate risk to maximise return

c. offtake agreements

d. cash flow from the project to service loans

e. raising of funds on a limited-recourse or nonrecourse basis.

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