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Which of the following are relevant cash flows to include in the capital budgeting process? i. Sunk costs ii. Opportunity costs iii. Project externalities/cannibalization iv.
Which of the following are relevant cash flows to include in the capital budgeting process?
i. Sunk costs
ii. Opportunity costs
iii. Project externalities/cannibalization
iv. Net working capital
A. | i Only | |
B. | iv Only | |
C. | ii, iii, and iv | |
D. | i, ii, iii, and iv |
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