The Relationship Between NPV and IRR Is Such That

Multiple Choice

The relationship between NPV and IRR is such that:

A) both approaches always provide the same ranking of alternative investment projects.
B) the IRR of a project is equal to the firm's cost of capital if the NPV of a project is $0.
C) if the NPV of a project is negative, the IRR must be greater than the cost of capital.
D) none of the above