Assume a Project Has Normal Cash Flows

Multiple Choice

Assume a project has normal cash flows.All else equal, which of the following statements is CORRECT?

A) A project's NPV increases as the cost of capital declines.
B) A project's MIRR is unaffected by changes in the cost of capital.
C) A project's regular payback increases as the cost of capital declines.
D) A project's discounted payback increases as the cost of capital declines.
E) A project's IRR increases as the cost of capital declines.