Which of the following statements is the correct treatment


Which of the following statements is the correct treatment of finance charges in project evaluation?

a) Finance charges should be excluded from a project's net cash flows and included in the discount rate.

b) Finance charges should be included in a project's net cash flows and excluded from the discount rate.

c) Finance charges should be included in a project's net cash flows and in the discount rate.

d) None of the given options.

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Financial Management: Which of the following statements is the correct treatment
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