Question: The primary reason for excluding interest expense from the calculation of free cash flows is because: Question 8 Answer a . It does not affect
The primary reason for excluding interest expense from the calculation of free cash flows is because:
Question Answer
a
It does not affect the project's operational performance.
b
The cost of financing is accounted for in the project's discount rate.
c
Interest expense is not taxdeductible.
d
It is considered a sunk cost.
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