Question: Question 21 (4 points) d Select all relevant] Assume a project has normal cash flows (i.e, outflows precede inflows). Which of the following is correct?
Question 21 (4 points) d Select all relevant] Assume a project has "normal" cash flows (i.e, outflows precede inflows). Which of the following is correct? All else equal, a project's NPV decreases as the cost of capital increases. All else equal, a project's Pl is unaffected by changes in the cost of capital. All else equal, a project's MIRR is unaffected by changes in the cost of capital. All else equal, a project's IRR decreases as the cost of capital increases None of these is true
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