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

Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?

a.

A project's MIRR increases as the WACC declines.

b.

A project's NPV decreases as the WACC declines.

c.

A project's IRR is unaffected by changes in the WACC.

d.

A project's discounted payback increases as the WACC declines.

e.

A project's regular payback increases as the WACC declines.

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