Use the following information for Questions 6-8: Costanza, Inc. is considering two independent projects with the following projected cash flows: What is the IRR of Project C (rounded to two decimal places)? a.13.01% b. 11.04% c. 8.99% d. 5.15% What is the IRR of Project D (rounds to two decimal places)? 14.93% b. 13.01% c. 10.77% d. 6.39% Costanza's WACC is 12%. Based on the IRR method, which project (s) should Costanza accept? a. Project C only. b. Project D only. c. Neither Project C or Project D. d. Both Project C and Project D. lf the IRR of a project is less than the WACC, the project's NPv: a. will be greater than $0. b. will be equal to $0. c. will be less than $0. d. may be positive, negative, or equal to $0. Which of the following statements regarding IRR is correct? a. You must know the WACC to calculate a project's IRR. b. is not dependent on the timing of the project's cash flows, only their magnitude. c. Any independent project with an IRR greater than zero should be accepted. d. Any independent project with an IRR greater than the WACC should be accepted