1. Which of the following statements about calculating the IFCF (Incremental Free Cash Flows) of a new project is true? a. Cash flows due to taxes that are expected to be paid because of new project being considered should be included in the IFCF b. Cash Flows from synergies between departments would be caused by a new project should be included in the IFCF C. Existing Allocated Overhead costs should be included in IFCF. d. Sunk costs should not be included in the IFCF e. Depreciation is a cash flow event f. All of the above are true g. A, B, & C are true h. A, B & D are true 2. Consider the following projects below. If the opportunity cost of capital is 10%, which projects have a positive NPV? Project A Co -1,000 C +1,000 C2 0 C3 0 C4 0 C5 0 - 1.000 +1,000 -2,000 +1,000 +1,000 +4,000 +1,000 +1,000 -3,000 +1,000 +1,000 0 +1,000 +1,000