For the NPV of a 3-year project, are the following included in incremental cash flows...

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Accounting

For the NPV of a 3-year project, are the following included in incremental cash flows and if so where?:

(a) a 3-year lease agreement, paid before the project starts

(b) a bank loan needed to pay for half of the equipment for the project.

(c) interest payments of the above bank loan

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