Samuel is evaluating several investment opportunities for a manufacturing company. The following is true for the project that he selects as the best:

a. the NPV < 0 and the IRR > the companys WACC

b. the NPV > 0 using a discount rate of 8%

c. the NPV > 0 and the IRR < the companys WACC

d. the NPV > 0 and the IRR = the companys WACC

e. the NPV > 0 and the IRR > the companys WACC