Project finance Aditya Agarwal Sandeep Kaul Fuqua School of Business Contents The MM Proposition What is a Project? What is Project Finance? Project Structure Financing choices Real World Cases Project Finance: Valuation Issues The MM Proposition The MM Proposition “The Capital Structure is irrelevant as long as the firm’s investment decisions are taken as given” Then why do corporations: Set up independent companies to undertake mega projects and
Premium Finance Risk Debt
Handguns are being used for the wrong reasons. In “Why Do People Own Handguns?” Pete Shields argue that the only reasons for owning a handgun are target shooting and hunting. Many people will disagree with Shields‚ but I agree with him. If we really want to try to stop the violence‚ there are other ways to seek protection instead of using a handgun. In the article‚ Shields provide many valid reasons why we shouldn’t own handguns. Handguns are usually used for self-defense criminal activities‚ and
Premium Firearm Gun Weapon
the development of the Orinoco Basin? Can you define project finance? Is Petrozuata a project? What are the costs and benefits of using project finance instead of the traditional (debt) finance – as Mr. Bustillos said‚ PDVSA could have finance the debt internally (p.7 of the case)? Project finance is a kind of Financing that has a priority does not depend on the creditworthiness of the sponsors proposing the business idea to launch the project. Approval does not even depend on the value of assets
Premium Investment Net present value Finance
ASSIGNMENT | February 10 2011 | SIGNALS AND SYSTEMS ASSIGNMENT SUBMITTED BY ALL THE STUDENTS OF ELECTRONICS AND TELECOMMUNICATION | | EVEN AND ODD SIGNAL QUESTIONS Sketch the following signals and determine and sketch their even and odd componenets: 1) x(t)=0.8t;0≤t≤40;otherwise 2) x(t)=1;0≤n≤40;otherwise 3) x(t)=10e-2tu(t) 4) x(t)=n for 1≤n≤30;otherwise 5) x(t)=sint+2sint+2sin2tcost 6) x(t)=cost + sin t + cost sin t 7)
Premium Sampling
LEARNING SCHOOL OF THOUGHT Origins of the Learning School This school of thought views strategy formulation as a process that is emergent in nature-a dynamic process that depends on the trends of times that come and go. The school actually relies on the history of the organization and the industry in which it lies in the formulation of its strategies (Mintzberg et al‚ 2005). Therefore‚ the method is analytical to some extent. Key to the learning school is its foundation in description rather
Premium Psychology Learning Management
HUMAN RESOURCE MANAGEMENT INTRODUCTION TO HRM Human Resource Management (HRM) is a relatively new approach to managing people in any organisation. People are considered the key resource in this approach. it is concerned with the people dimension in management of an organisation. Since an organisation is a body of people‚ their acquisition‚ development of skills‚ motivation for higher levels of attainments‚ as well as ensuring maintenance of their level of commitment are all significant activities
Premium Human resource management Human resources Management
The Effects on the Attitudes and Behavior of Having OFW Parents In this generation some of the parents in our country choose to work abroad to be far away from their love ones just to earn money that may cause negative effects to their families. Some common negative effects of having OFW parents are the teenage problems such dropping out of school‚ taking prohibited drugs and getting into early pregnancy. These negative effects sometimes occur when children don’t get too much attention from their
Premium Philippines Family 2006 albums
Sony Corporation: Strengths‚ Weaknesses‚ Opportunities‚ Threats by Keki Fatakia‚ The Motley Fool‚ Mar 2nd 2012 8:28PM There are many ways of analyzing a business. Perhaps one of the best ways to do this is by creating a SWOT - that is‚ Strengths‚ Weaknesses‚ Opportunities‚ and Threats -- analysis. This sheds light on the good and bad points of a business in terms of its strengths and weaknesses‚ which are mostly internal in nature; as well as opportunities and threats‚ which are external in nature
Premium Sony Blu-ray Disc
Famous Quotes About Success Sometimes when you are faced with a challenging day at work‚ my suggestion is to read famous quotes about success to give you the confidence to overcome the challenges and succeed. Here you’ll find a compilation of my favorite success quotes by successful people. Choose a quote that best suits your situation. Read and be inspired by what successful people say about success. Famous Quotes About Success 1-5 William Jennings Bryan Destiny is not a matter
Free Ralph Waldo Emerson Henry David Thoreau George Bernard Shaw
Good morning‚ respected jury & my dear classmates. Today I xyz one of ur classmates‚ is going to speak against the topic – “there are no such things as ghosts…… they are unscientific and unreal”. My friends based on the story – ‘A shady plot’ we saw that the story was all about the ghosts and the living world‚ in which there are instances that shows people interacting with spiritual world with the help of Ouija board. This gives us a proof that the ghost world exists. But if u argue by saying that
Premium Paranormal Ghost Physics