(1) Assuming a project has normal cash flows, which of the following would cause the project's MIRR to be greater than its IRR? (A) When the project's NPV is positive. (B) When the project's NPV is negative. (C) When the WACC (discount rate for the project) is less than the project's IRR. Note: Question No. 1 continues on page 2 1 BU8201 Question 1 (continued) (D) When the project's MIRR is greater than the WACC (discount rate for the project). (E) None the above statements is correct