Toomas evaluates a profitable investment project with a normal cash flow pattern. Assume that when performing a sensitivity analysis, all project cash flows (including initial investment, annual operating cash flows, and closing cash flows) are doubled, the most likely impact is that:

Select one:

a.IRR increases and NPV stays constant

b.IRR stays constant and NPV increases

c.IRR increases and NPV decreases

d.both IRR and NPV stay constant