Which of the following are true? Aprindependent of the firm's cost of capital in her words, a project's IRR doesn't change with a change in the firm's cost of capital. Astuck with a beta equal to-1.0 has e systematic jor market rik As a result of compounding the effective annual rate on a bank deposit for a loand is always equal to or greater than the nominal rate on the deposit for All other things held constant, the present value of a given annual annuity decreases as the number of periods per year increases. A basic rule in capital budgeting is that if a project's NPV exceeds its IRR, then the project should be accepted Bad managerial judgments or unforeseen negative events that happen to a firm are defined as "company-specific," or "unsystematic, events, and their effects vestment risk can in theory be diversified away A stock's het is more relevant as a measure of risk to an investor who holds only one stock than to an investor who holds a well-diversified portfolio. An individual stock's diversifiable risk, which is measured by its beta, can be lowered by adding more stocks to the portfolio in which the stock is held. An increase in the firm's WACC will decrease projects NPVs, which could change the accept/reject decision for any potential project. However, such a change would have no impact on projects IRRs. Therefore, the accept/reject decision under the IRR method is independent of the cost of capital. Conflicts between two mutually exclusive projects occasionally occur, where the NPV method ranks one project higher but the IRR method ranks the other one first. In theory, such conflicts should be resolved in favor of the project with the higher positive NPV