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Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project? O

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Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project? O a. Changes in net operating working capital. O b. Sunk costs that have been expensed for tax purposes. O c. Cannibalization effects O d. Opportunity costs O e. Shipping and Installation costs for machinery acquired

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