Question: Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? A projects IRR increases as the WACC declines.

Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? A projects IRR increases as the WACC declines. A projects NPV increases as the WACC declines. A projects MIRR is unaffected by changes in the WACC. A projects regular payback increases as the WACC declines. A projects discounted payback increases as the WACC declines.

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