Question 8 Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? A project's regular payback is irrelevant to the WACC. A project's IRR increases as the WACC declines. A project's NPV increases as the WACC increases. A project's MIRR is unaffected by changes in the WACC. A project's discounted payback increases as the WACC declines