hich of the following statements is correct?

Group of answer choices

The NPV method was once the favorite of academics and business executives, but today most authorities regard the MIRR as being the best indicator of a projects profitability

If the cost of capital declines, this lowers a projects NPV

The NPV method is regarded by most academics as being the best indicator of a projects profitability; hence, most academics recommend that firms use only this one method

A projects NPV depends on the total amount of cash flows the project produces, but because the cash flows are discounted at the WACC, it does not matter if the cash flows occur early or late in the projects life

The NPV and IRR methods may give different recommendations regarding which of two mutually exclusive projects should be accepted, but they always give the same recommendation regarding the acceptability of a normal, independent project