Including sunk costs in the calculations underestimates a, Financial Management

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Including sunk costs in the calculations underestimates a

1"Including sunk costs in the calculations underestimates a project's NPV." True or false? Select one: a. False b. True

2."For a project with normal cash flows, the NPV and IRR criteria always lead to the same accept/reject decision: If the NPV says accept, so would the IRR, and vice versa." True or false? Select one: a. False b. True

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Financial Management: Including sunk costs in the calculations underestimates a

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