Which of the following statements is CORRECT? Select one: a. Other things equal, the discounted payback period of a project increases when the WACC decreases. b. Other things equal, the IRR of a project increases when the WACC decreases. c. Other things equal, the MIRR of a project remains the same when the WACC decreases. d. Other things equal, the NPV of a project decreases when the WACC increases. e. Other things equal, the payback period of a project increases when the WACC decreases. X Use the information to answer the following questions. A company is analyzing an independent project, S, whose cash flows are shown below: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow |-100 160 140 20 10 The company's cost of capital is 12%, and it can get an unlimited amount of capital at that cost. What is the payback period for Project S? Select one: a. 2.00 years b. 2.99 years c. 3.20 years X d. 2.67 years e. 2.17 years