Which of the following should not be treated as an incremental cash flow when computing the NPV of an investment? I. a reduction in the sales of a companys other products caused by the investment. II. dividend and interest payments of the firm III. salary costs for personnel who will be employed only if the project is accepted Group of answer choices

None of the above

III only

I, II, and III

I and III

I only

II only

I and II