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Assume a project requires a net investment of exist2 million and then generates positive net cash flows over the next 8 years. Which of the

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Assume a project requires a net investment of exist2 million and then generates positive net cash flows over the next 8 years. Which of the following statements is most correct? (NPV = net present value and IRR = internal rate of return) A. All else equal, the project's NPV decreases as the cost of capital declines. B. All else equal, the project's NPV is unaffected by changes in the cost of capital. C. If the NPV is greater than zero, then the IRR is greater than the cost of capital. D. All else equal, the project's IRR increases as the cost of capital declines eraction Area

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