Advantages of a jointly sponsored project financing, Financial Accounting

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Advantages of a jointly sponsored project financing

Response to the following questions:

1. What are the advantages of a jointly sponsored project financing?

2. The key to a project financing is to finance a project with as little recourse to the sponsor as possible. Explain why.

3. Comment on the following statement: "Project financing means off balance sheet financing to the point that the project is completely self-supporting without guarantees or undertakings by financially responsible parties."

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Financial Accounting: Advantages of a jointly sponsored project financing

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