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With regard to the most appropriatetreatment of cash flows in capital budgeting,which of the following is correct?
A. A project is *uated using its incrementalcash flows on an after-tax basis.
B. Interest costs are included in theproject's cash flows to reflect financing costs.
C. Sunk costs and externalities should notbe included in the cash flow estimates.
Solution: A
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| 大標題 | |
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