Assuming conventional cash flows, which of the following are true? A capital budgeting project with a positive IRR will always have a positive NPV. If NPV analysis ranks investment A above investment B, IRR analysis must also rank investment A above investment B If NPV analysis ranks investment A above investment B, IRR analysis must also rank investment Babove investment A Any capital budgeting project that payback period analysis finds acceptable will also be found acceptable through IRR analysis None of the above are correct. The Flo Rida Gasket Company has a D/E ratio (in market value terms) of 1.50, a cost of equity equal to 14% and a before-tax cost of debt of 8%. Their tax rate is 40%. In calculating their WACC, the appropriate weight of equity is 150% 40% O 15% 25% o 60% The HHH Corp. has a new automated production line project it is considering. Today's cost of the project is $275,000 and is expected to provide after-tax annual cash flows of $73,306 for eight years (the first $73,306 is one year from today). The firm's management is uncomfortable with the IRR reinvestment assumption and prefers the modified IRR approach. You have calculated a WACC for the firm of 10 percent. What is the project's MIRR? (Select the range in which the correct MIRR falls.) Round only your final answer to two decimal places) less than 12 percent greater than or equal to 12 percent but less than 13.5 percent. O greater than or equal to 13.5 percent but less than 15 percent. O greater than or equal to 15 percent but less than 16.5 percent O greater than or equal to 165 percent