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If WACC decrease, NPV will increase. WACC isn't really needed in the calculation of IRR.

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Yes if WACC goes down you have to think that you are discounting it less in any given period so the NPV would be greater.

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hey guys. would "increase" be the same as "positive?"

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all else equal yes, IRR is when NPV=0, so if the discount goes down, NPV would now be positive instead of zero.

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