QUESTION 24 1. Which of the following cashflows is/are considered to be a relevant when appraising new projects using net present value (NPV)? (1) The interest costs associated with any borrowings made to finance the investment in the project (2) Any cashflows associated with the scrapping of a machine at the end of its useful life (3) Any future release of working capital when the project is finished A. Cashflow (3) is relevant r B. Cashflows (2) and (3) are relevant r C. Cashflows (1) and (2) are relevant D. All cashflows are relevant E. Cashflow (1) is relevant