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 8Answer
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 tax-deductible.
d.
It is considered a sunk cost.

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