Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows.

	a.	If a projects NPV is greater than zero, then its IRR must be less than WACC
	b.	NPV of a relatively low-risk project should be found using a relatively high WACC
	c.	If a projects NPV is less than zero, then its IRR must be greater than the WACC
	d.	The lower the WACC used to calculate it, the higher the calculated NPV will be.