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Smriti is evaluating NPV of a project to manufacture a health supplement. Which of the following costs should she exclude from the evaluation? Multiple Choice

Smriti is evaluating NPV of a project to manufacture a health supplement. Which of the following costs should she exclude from the evaluation?
Multiple Choice
The operating costs associated with the proposed new plant
The research and development cost already incurred to develop the product
The wage costs related to producing the product
The inventory required to start manufacturing.
The cost of water and electricity connections in the new plant
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