Assume a project has normal cash flows (i.e., the initial cash flow is negative, and...
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Assume a project has normal cash flows (i.e., the initial cash flow is negative, and all other cash flows are positive). Which of the following statements is most correct? Question 3 options: All else equal, a project's IRR increases as the cost of capital declines. All else equal, a project's NPV decreases as the cost of capital declines. All else equal, a project's MIRR is unaffected by changes in the cost of capital. Answers a and b are correct. Answers b and c are correct. None of the above
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