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What is the purpose of sensitivity analysis? b. What is a sunk cost? Why is it not a relevant cash flow for calculating the Net

What is the purpose of sensitivity analysis? b. What is a sunk cost? Why is it not a relevant cash flow for calculating the Net Present Value of a Project? Why is an Opportunity Cost a relevant cash flow that must be used in calculating the Net Present Value of a Project? c. Why do Finance Professionals prefer selecting the project with the higher net present value rather than the project with the higher internal rate of return when choosing between two mutually exclusive projects

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