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Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT? a. A project's MIRR increases as the WACC declines. b. A project's regular payback increases as the WACC declines. C. A project's discounted payback increases as the WACC declines. d. A project's IRR is unaffected by changes in the WACC. e. A project's NPV decreases as the WACC declines.
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