Question: How is interest expense that is associated with a project treatedin the capital budgeting process? A. Interest expense is not relevant to any capital budgeting

How is interest expense that is associated with a project treatedin the capital budgeting process? A. Interest expense is not relevant to any capital budgeting decisions. B. It is treated as a cash outflow when estimating the incremental cash flows associated with a project. C. It is built into the discount rate. D. It is considered a synergistic incremental cash flow

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