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Which of the following statements is CORRECT? Select one: a. If Project A's IRR exceeds Project B's, then A must also have the higher NPV.
Which of the following statements is CORRECT? Select one: a. If Project A's IRR exceeds Project B's, then A must also have the higher NPV. b. If the NPV is negative, the IRR must also be negative. c. If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV. d. If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.
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