XDF-BLUE-P61/160

ibruhim · 发表于 2011-8-4 19:33:52

FINANCE FOR A LARGE CONSTRUCTION PROJECT WAS PROVIDED BY A GROUP OF BANKS. wHEN THE MONEY WAS GOINE BEFORE THE PROJECT WAS COMPLETED, THE BANKS APPROVED ADDTIONAL LOANS. NOW, WITH FUNDS USED UP AGAIN AND COMPLETION STILL NOT AT HAND, THE BANKS REFUSE TO EXTEND FURTHER LOANS, ALTHOUGH WITHOUT THOSE LOANS, THE PROJECT IS DOOMED.

WHICH OF THE FOLLOWING, IF TRUE, BEST EXPLAINS WHY THE BANK'S CURRENT REACTION IS DIFFERENT FROM THEIR REACTION IN THE PREVIOUS INSTANCE OF DEPLETION OF FUNDS?

A. THE BANKS HAVE REASSESSED THE INCOME POTENTIAL THAT TOTAL INCOME GENERABLE WOULD BE LESS THAN TOTAL INTERESTDUE ON THE OLED PLUS THE NEEDED NEW LOANS

D. THE COST OVERRUNS WERE LARGELY DUE TO UNFORESEEABLE PROBLEMS THAT AROSE IN THE MOST DIFFICULT PHASE OF THE CONSTRUCTION WORK.

WHICH ANSWER ABOVE IS CORRECT ONE? AND WHY?

ANY ONE CAN USE THE IDEA OF GWD TO EXPLAIN IT?

weijiejing · 发表于 2011-8-4 19:50:21

A. 连利息都付不出还借了干什么......

ibruhim · 发表于 2011-8-7 11:05:46

难道D就不对了么，对项目的不可预期性

XDF-BLUE-P61/160

所属分类: GMAT考试

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