M and M Pipeline Company provides a water distribution network in Old South Wales. It has pipeline assets valued at $100,000,000.

M and M Pipeline Company provides a water distribution network in Old South Wales. It has pipeline assets valued at $100,000,000. The company has a distribution contract with the Government of Old South Wales which provides the company with a Net Operating Income stream (or EBIT) of $20,000,000 per annum. Debt finance is available to the company at 10% per annum. 

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