单选题 Financing costs for a capital project are: A. subtracted from estimates of a project's future cash flows. B. captured in the project's required rate of return. C. a sunk cost and should not be considered in the project analysis.

【正确答案】 B

【答案解析】Financing costs are reflected in a project's required rate of return. Project specific financing costs should not be included as project cash flows. The firm's overall weighted average cost of capital, adjusted for project risk, should be used to discount expected project cash flows.