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When estimating cash flows, include interest expense on money expected to be borrowed to finance the investment or not? Yes--it is an incremental expense Yes--it

When estimating cash flows, include interest expense on money expected to be borrowed to finance the investment or not?

Yes--it is an incremental expense

Yes--it is not an incremental expense

No--it is an operating cash flow

No--it is a financing cash flow

Hint: answer isnt A

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