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I am considering starting a new project. Which of these items is least appropriate to include in my NPV analysis of the project? Group of

I am considering starting a new project. Which of these items is least appropriate to include in my NPV analysis of the project?

Group of answer choices

The purchase of a new machine

Depreciation of the new machine

Employee wages of those working on the project

Federal taxes on employee wages (employees are working on the project)

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