When evaluating potential projects, which of the following factors should be incorporated as part of a project's estimated cash flows? 

a) Any sunk costs incurred in the past before considering the proposed project. 

b) Any opportunity costs incurred if the project is carried out. 

c) The externalities (both positive and negative) that will be incurred if the project is carried out. 

d) Statements b and c are correct. 

f) All the previous statements are correct

Answer rating: 100% (QA)

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