QUESTION 4 Which of the following statements is CORRECT? O a. If Project A's IRR exceeds Project B's, then A must have the higher NPV. O b. If the NPV is negative, the IRR must also be negative. O c. A project's MIRR can never exceed its IRR. O d. If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV. e. If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV