Attempt 1/5 for 10 pts. Which one of the following statements is correct? If you compare two projects to select only one, you should select the project with the shortest payback period When the internal rate of return is greater than the required return, the net present value is positive The profitability index will be greater than 1.0 when the net present value is negative If the IRR exceeds the required return, the profitability index will be less than 1.0