A college wants to buy computers and lab equipment for the Physics Department. These are considered capital long term projects.
You are the CFO of the College; how does the President goes about to finance these longterms projects that will cost between $20 million to $35 million?
What role do financial Institutions play in such a project?
b) Chancellor to board of Trusties.
c) Financing phase
d) Bank selection etc.
e) Under writer? What? Sells what to raise capital.