IN THE FIRST STEP OF DERIVING THE ANPV OF A PROJECT A. BENEFITS O...

123. In the first step of deriving the ANPV of a project a. Benefits or costs associated with how the project is financed must be considered b. The amount of debt issued to finance the project is not a concern c. It is crucial to consider the effect of the project on the firm’s eventual capital structure d. The debt-equity ratio that will be in place after the project is up and running must be forecast