Which of the following is TRUE regarding CAPITAL BUDGETING? O A. The capital budgeting rule is to reject a project if its IRR is greater than its NPV OB. The NPV tells us the expected percentage impact of a proposed project on the value of the firm OC. Ceteris paribus, a lower cost of capital would increase a project's NPV OD. Capital budgeting deals with how much cash and how much inventory a firm should hold