Which of the following is true? O A firm is worth less than the sum of its projects' values. O The projected free cash flows of a firm equal the sum of the free cash flows from the firm's current and future investments. The free cash flows of a firm should be discounted at the firm's cost of debt. O The free cash flow model of the firm conflicts with the use of the NPV rule to select projects that maximize shareholder value. Free cash flows equal dividends plus repurchases