Assurne at project has normat cash flows (1e., initial cash flow is negative, and all other cash fows are positive). Which of the following statements a most correch Al else equal a propect's IRR2 increases as the requred rate of roturn decines Al ese equal. a project's NiP increases as the iequred rate of return docines. Al whe equis a projects the is unaffected by changes in the reguired take of retum Answers a and b we boer correct Answees D and c art both correct A major disadvantage of the payback period method is it Is useless as a risk indicator. Ignores cash flows beyond the payback period Does not directly account for the time value of money. All of the above are correct. Only arswers b and c are correct