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Question:
(a) In the Strategic Planning Model, describe the various stages involved in the generation of capital projects in the public sector.
(b) Outline the life cycle-costs of public infra-structures and discuss why knowledge of the behaviour of such costs is important in capital budgeting in the public sector.
(c) Show the philosophical difference between the Pay-As-You-Go and Pay-As-You-Use method of financing public infra structures.
a) Debentures are a source of external long term (loan) finance for which interest is paid to the debenture holder. Debenture holders do not usually have voting or ownership rights
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What is the different between equity claims and debt instruments in financial securities? By getting conclusion about equity claims and debt instruments, that equity claims are
evaluate the importace of leverage in financial management of a small scale company
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