Which of the following statements is true with regard to cash flows resulting from financing costs? a. They should be included in the cash flow calculations. b. Financing cash flows cannot include...

a.

They should be included in the cash flow calculations.

b.

Financing cash flows cannot include dividend payments to stockholders and interest payments to bondholders.

c.

Financing costs are captured in the original investment of a project’s cash flows.

d.

If cash outflows associated with financing costs were deducted from the cash flows for a project, it would be double-counting the financing costs of the investment.