Which of the following statements is CORRECT?

Select one:

a.Other things equal, the IRR of a project increases when the WACC decreases.

b.Other things equal, the discounted payback period of a project increases when the WACC decreases.

c.Other things equal, the payback period of a project increases when the WACC decreases.

d.Other things equal, the MIRR of a project remains the same when the WACC decreases.

e.Other things equal, the NPV of a project increases when the WACC decreases.