A.TRUE/FALSE (Each question 5, total 30 p) 1. The internal rate of return (IRR) will increase as the required rate of return of a project is increased. 2. High required rates of return tend to make long-term projects less attractive than short-term projects. 3. Both the IRR rule and the accounting rate of return rule take into consideration the time value of money. 4. When several sign reversals in the cash flow stream occur, the IRR equation can have more than one positive IRR. 5. The IRR assumes that cash flows are reinvested at the cost of capital. 6. If the NPV of a project is positive, the profitability index must be greater than one