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 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.