9. Which of the following statements is CORRECT? a. The NPV method was once the favorite of academics and business executives, but today most authorities regard the MIRR as being the best indicator of a project's profitability. b. If the cost of capital declines, this lowers a project's NPV .The NPV and IRR methods may give different recommendations regarding which of two mutually exclusive projects should be the acceptability of a accepted, but they always give the same recommendation regarding ependent project. s NPV depends d. A project' on the total amount of cash flows the project produces, but because the CC, it does not matter if the cash flows occur early or late in cash flows are discounted at the WA the project's life. e. The NPV method is regarded by most academics as being the best indicator of a project's profitability, hence most other methods. t academics recommend that firms use only this one method and disregard 10. A fim should never accept a project fis acceptance would lead to an increase in the firm's cost of capital (its WACC). a. True b. False Systems is considering a project that has the following cash flow and WACcc the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. WACC: 1.50% Year Cash flows$1,000$500 $500 5500 a. 0211.31 b. 0257.35 e. 0241.82 d. 0221.86 e. 0195.23 12. Tuttle Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected. WACC: 11.00% Year $350 $350 Cash flows $1,000 $350 $350 a. 084.03 b. 085.86 c. 059.49 d. 082.54 e. 074.36