Question 1 2 pts Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows O A project's regular IRR is found by discounting the cash inflows at the cost of capital to find the present value (PV), then compounding this PV to find the IRR 0 If a project's IRR is greater than the WACC, then its NPV must be negative. O To find a project's IRR, we must solve for the discount rate that causes the PV of the inflows to equal the PV of the project's costs. O To find a project's IRR, we must find a discount rate that is equal to the cost of capital. O A project's regular IRR is found by compounding the cash inflows at the cost of capital to find the terminal value (TV), then discounting this TV at the cost of capital