Yoga Center Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV, IRR and Payback? Assume a WACC of 12%. 0 Year Cash Flows -$1200 2 $400 3 $450 4 $475 $400 A) NPV-$62.88; IRR-16.46%; Payback-2.83 years B) NPV-$46.63; IRR-15.70%; Payback-2.89 years C) NPV-$62.88; IRR-18.31% Payback-2.47 years D) NPV-$43.63; IRR-18.31% Payback-2.83 years Which of the following statements is most correct? A) A project's IRR is independent of the firm's cost of capital. In other words, a project's B) If Project A has a higher IRR than Project B, then Project A must also have a higher c) The NPV and IRR methods, when used to evaluate two equally risky but mutually D) The internal rate of return of a capital investment changes when the cost of capital IRR doesn't change with a change in the firm's cost of capital. NPV. exclusive projects, will always lead to different accept/reject decisions changes