Question: Financing costs are not included in the decision process because a. they have no incremental effect on project cash flows b. they could distort the

Financing costs are not included in the decision process because

a. they have no incremental effect on project cash flows

b. they could distort the analysis of the stand-alone project

c. they appear on both branches of the decision tree

d. they occur before the decision date

e. None of the above

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