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7. Based on ideas discussed in class, which of the following statements is true? (6 points) a. If Project A has a higher NPV than
7. Based on ideas discussed in class, which of the following statements is true? (6 points) a. If Project A has a higher NPV than Project B, then it must also have a higher IRR. b. Assume a project has normal cash flows. All else equal, a project's IRR decreases as the WACC increases. c. Assume a project has normal cash flows. All else equal, a project's MIRR will remain constant if the WACC changes. d. If a project with normal cash flows has a positive NPV, then its MIRR will be less than its IRR. e. If a project has a negative NPV, then its IRR must also be negative
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