An organization is using capital analysis investment techniques to compare two independent projects. It could accept one, both, or neither of the projects. What statement is true about the use of net$-$present$-$value $($NPV$)$ and internal$-$rate$-$of$-$return $($IRR$)$ methods for evaluating these two $(2)$ projects?

The internal rate of return $($IRR$)$ method will be more reliable because net$-$present$-$value $($NPV$)$ analysis requires a process of trial and error.

If the net$-$present$-$value $($NPV$)$ criterion leads to accepting the first project, the internal rate of return $($IRR$)$ criterion will never lead to accepting the first project.

If the net$-$present$-$value $($NPV$)$ and internal$-$rate$-$of$-$return $($IRR$)$ methods disagree about the worthiness of a project, it might be wiser to use the data from the net$-$present$-$value $($NPV$)$ method.

If the net$-$present$-$value $($NPV$)$ criterion leads to accepting or rejecting the first project, one cannot predict whether the internal rate of return $($IRR$)$ criterion will lead to accepting or rejecting the first project.