10,947,544% 6. Which of the following characteristics relate to the accounting break-even point for a given projet I. The IRR equals the required rate of retun. II. The operating cash flow is equal to the depreciation expense III. The NPV is equal to the initial cash outlay a. IlI only b. 1 only c. Il only d. 1, 1I1, and IIl only e. Il and III only