(Answered) Project and firm durationwhich of the following types of

Accounting

Project and Firm Duration

Which of the following types of firms should be most likely to use project- specific financing (as opposed to financing the portfolio of projects)?

a. Firms with a few large homogeneous projects

b. Firms with a large number of small homogeneous projects

c. Firms with a few large heterogeneous projects

d. Firms with a large number of small heterogeneous projects Explain.

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