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2. Regarding the NPV of a project, which of the following is true about depreciation? A. Depreciation matters because depreciation is an actual stream of

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2. Regarding the NPV of a project, which of the following is true about depreciation? A. Depreciation matters because depreciation is an actual stream of cash flows. B. Depreciation does not matter because depreciation is not an actual stream of cash flows. C. Depreciation matters even though depreciation is not an actual stream of cash flows. D. Depreciation does not matter because depreciation does not affect the project's after-tax cash flows. E. None of the above

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