Which One of These Statements Is Correct Given a Project

Multiple Choice

Which one of these statements is correct given a project with conventional cash flows?

A) The project will have multiple IRRs.
B) The discounted payback period will be equal to or less than the life of the project.
C) The project's AAR will exceed its IRR.
D) The NPV is positive at the required rate of return.
E) The PI may be greater than,equal to,or less than one.