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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