Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) The NPV and IRR methods will only sometimes agree on whether a project enhances or harms shareholder wealth.
B) If a project has a positive NPV, its IRR will always be less than the cost of capital.
C) If a project has a negative NPV, its IRR will always be less than the cost of capital.
D) There is always a conflict between NPV and IRR in the case of mutually exclusive projects.