Question: Unless otherwise instructed, use two (2) decimal places for both percentages and dollar amounts. This is enforced, like in Connect If you need to enter
Unless otherwise instructed, use two (2) decimal places for both percentages and dollar amounts. This is enforced, like in Connect If you need to enter units use % for percentages, $ for dollar amounts, x for times and years for years. Question 21 (4 points) (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 IRR decreases as the cost of capital increases All else equal, a project's PI 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 NPV decreases as the cost of capital increases None of these is true
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