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Which of the following is true for a normal project whose IRR is greater than its WACC (cost of capital)? a. The project's NPV <

Which of the following is true for a normal project whose IRR is greater than its WACC (cost of capital)?

a.

The project's NPV < 0.

b.

The project has multiple IRRs.

c.

The project's NPV > 0.

d.

The project's NPV = 0.

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