6. Which one of the following statements is true? a. When there are multiple IRRs for a non-normal project, the MIRR will be equal to the largest IRR b. The profitability index (PI) measures how many years it takes before the project's initial investment is recovered. c. The NPV of a project's cashflows when discounted at the IRR is zero. d. If a project has two IRRs, then the MIRR will be numerically equal to the average of the two IRRs. e. The IRR of a negative NPV project will be undefined. 21 GPA Calculator /Off... Files - Spring 2023... W Unit 1A Practice: Le... IW optional finc 306 The Wall Stre 10. Cash flows from which of the following would NOT impact the NPV analysis of a project? a. Selling the new product associated with the project will cause the sales of a competing company to decrease. b. The company must pay a licensing fee for the rights to use the technology required for manufacturing the product. The licensing fee would be $1,000 per month. c. The new product associated with the project will reinforce the sales of an existing product the company sells. d. When the new project comes on line, the CEO will get a bonus of $200,000 for finishing it on time. e. The space the project will go in is currently being rented out for storage for $2000 per month. If the project is accepted the rental will stop