Which of the Following Statements Is CORRECT

Multiple Choice

Which of the following statements is CORRECT?

A) If a project with normal cash flows has an IRR greater than the WACC,the project must also have a positive NPV.
B) If Project A's IRR exceeds Project B's,then A must have the higher NPV.
C) A project's MIRR can never exceed its IRR.
D) If a project with normal cash flows has an IRR less than the WACC,the project must have a positive NPV.
E) If the NPV is negative,the IRR must also be negative.