When considering an investment in a large project, what should make a firm take the financing of the project into account while evaluating its potential?

Question $3$ options:

Firms should not consider financing in evaluating investment opportunities: the investment decision is distinct from the financing decision.

If the project has unique financing opportunities in comparison to other projects and acquisitions.

If the firm's competitors have similar projects that appear to be generating positive returns.

If the firm's equity is currently overvalued.

If the firm is currently underlevered.