A project with a positive net present value implies that Select one: a. its internal rate of return (IRR) is equal to its weighted average cost of capital (WACC) O b. its internal rate of return (IRR) is less than its weighted average cost of capital (WACC) O c. its internal rate of return (IRR) is greater than its weighted average cost of capital (WACC) O d. it will incur losses in the future 3 PAGE NEXT PAGE 12 WAO WXOC89 MacBook Air