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Which of the following cash flows should be used in an NPV calculation to determine which project to pursue? (Select all that apply.) 1) The

Which of the following cash flows should be used in an NPV calculation to determine which project to pursue? (Select all that apply.)

1) The cash inflows expected as a result of the project

2) Recurring cash flows from ongoing current operations

3) Investment needed to be made by the company to undertake the project

4) Capital expenditures related to upkeep of existing equipment

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