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Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? a. A project's NPV increases as the cost

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Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? a. A project's NPV increases as the cost of capital declines. b. A project's discounted payback increases as the cost of capital declines. c. A project's regular payback increases as the cost of capital declines. d. A project's MIRR is unaffected by changes in the cost of capital. e. A project's IRR increases as the cost of capital declines

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