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QUESTION

TCO F) Which of the following statements is correct?

TCO F) Which of the following statements is correct? (Points : 5) If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.If Project A's IRR exceeds Project B’s, then A must have the higher NPV.A project’s MIRR can never exceed its IRR.If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.If the NPV is negative, the IRR must also be negative.

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