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Answer this question based on the following three statements: 1. Even if the profitability index of a project is greater than zero, it may still

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Answer this question based on the following three statements: 1. Even if the profitability index of a project is greater than zero, it may still have a negative NPV. 2. Cash flows with different risk profiles would likely have different discount rates. 3. The IRR and NPV may yield the same conclusion about a project except when the project is short term O a Only 2 and 3 are correct. b. Only 1 and 2 are correct OC. All statements are NOT correct. Od. All statements are correct. Oe. Only 1 and 3 are correct

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