Question 6 1 pts The NPV: O considers risk O recognizes time value of money all of the above O is consistent with shareholder wealth maximization considers all cash flows Question 2 1 pts A sunk cost can best be described as: O a form of financing cost O a cost that has already been incurred and cannot be removed an important cost to include in the capital budgeting process the cash flows of a new project that come at the expense of existing projects the same thing as an opportunity cost