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    Question

    In the context of project finance cost structuring,

    which of the following components is typically not considered part of development project costs?
    A Legal and regulatory approvals Correct Answer Incorrect Answer
    B Land acquisition and site surveys Correct Answer Incorrect Answer
    C Commercial assessment testing Correct Answer Incorrect Answer
    D Environmental impact studies Correct Answer Incorrect Answer
    E Feasibility and technical studies Correct Answer Incorrect Answer

    Solution

    Development costs include technical and legal readiness, not market testing.

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