PLease answer both questions

QUESTION 2 Which of the following statements is CORRECT? 0 a If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV O b. A project's MIRR can never exceed its IRR. O C. If the NPV is negative, the IRR must also be negative. O d If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV O e If Project A's IRR exceeds Project B's, then A must have the higher NPV. QUESTION 3 Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC 7.00% ear Cash flows $S00 S350 $350 S350 a. 9.15% b. 13.97% O c. 12.04% d. 14.93% O e 10.00%