Based on the following cash flows, which of the following statements is true?

Cash flows ($)Year 0Year 1Year 2Year 3Year 4Project A1,000250250250250Project B-750-150-150800800Project C-1,000750600-200800

Statement I: Project A will have no IRR.

Statement II: Project B will have multiple IRRs.

Statement III: Project C will have multiple IRRs.

Statement IV: Project B will have one IRR.

Question 8 options:

II and IV only.

I, III, and IV only.

I, II, and III only.