(CHAPTER 10)

TRUE OR FALSE? The following cash flows are irrelevant to proposed project valuation.

Interest payments on loans that would be taken to raise $$ for the initial investment

Money paid over the last few months to local consultants for making projections for future sales revenues of the proposed project

Expenditures made over the last weeks on upgrading existing production equipment that the managers are now considering using for the proposed project

Wages that would be paid every year to the employees who would be working on the proposed project