All of the Following Statements Are Correct Except

Multiple Choice

All of the following statements are correct except:

A) The NPV and IRR methods will always agree on whether a project enhances or harms shareholder wealth.
B) If a project has a positive NPV, its IRR will always be greater 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 never a conflict between NPV and IRR in the case of mutually exclusive projects.
E) all of the above are correct