Question: When a firm finances a new investment, it often borrows part of the money, so the interest and principal payments this creates are incremental to
When a firm finances a new investment, it often borrows part of the money, so the interest and principal payments this creates are incremental to the project's acceptance. Why are these expenditures not included in the project's cash flow computation?
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Althou g h int ere st p a y m e nts ar e in c r e m e nt a l to the inv e stm e nts th a t ar e p a ... View full answer
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