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(I) A financial analyst should include interest and dividend payments when calculating a project's cash flows. (II) The equivalent annual cash-flow technique is primarily used

(I) A financial analyst should include interest and dividend payments when calculating a project's cash flows.

(II) The equivalent annual cash-flow technique is primarily used whenever the size of two projects differ.

(I) True; (II) False

Both are true

(I) False; (II) True

Both are false

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