The following are True or False?

Cannibalization is a type of externality that may lead to an increase in sales of an existing product [T / F].

Terminal year cash flows include recovering NWC and after-tax salvage values [T / F].

Sunk costs should be considered when determining a project's incremental cash flows[T / F].

Opportunity costs should be considered when determining a project's incremental cash flows [T / F].

Accelerated (MACRS) depreciation results in higher NPV projects relative to straight line depreciation, all

else equal [T / F].