Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) The IRR method is appealing to some managers because it produces a rate of return upon which to base decisions rather than a dollar amount like the NPV method.
B) The discounted payback method solves all the problems associated with the payback method.
C) For independent projects, the decision to accept or reject will always be the same using either the IRR method or the NPV method.
D) All of the statements above are correct.
E) Statements a and c are correct.