题目
An investor chooses to invest in a brownfield rather than a greenfield infrastructure project. The investor is most likely motivated by:
选项
A.growth opportunities.
B.predictable cash flows.
C.higher expected returns.
答案
B
解析
B is correct. A brownfield investment is an investment in an existing infrastructure asset, which is more likely to have a history of steady cash flows compared with that of a greenfield investment. Growth opportunities and returns are expected to be lower for brownfield investments, which are less risky than greenfield investments. ：B是正确的。褐地投资是对现有基础设施资产的投资，与绿地投资相比，褐地投资更有可能拥有稳定的现金流。褐地投资的增长机会和回报预期相对较低，它的风险也低于绿地投资。