Question: Question 7: (3 Points) Explain if the below should be included in the cashflow valuation of a new investment project. a) (1 Point) Reduction in

Question 7: (3 Points) Explain if the below should be included in the cashflow valuation of a new investment project.
a) (1 Point) Reduction in the sales of existing products caused by the introduction of a new product
b) (1 Point) The cost of a resource that may be relevant to the investment decision even when no cash changes hand.
a) (1 Point) $10,000 in market research spent to evaluate customer demand.

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