Consider two projects, Project A and Project B, both with normal cash flows. Which of the following is correct? If Project A has a higher IRR than Project B, then Project A must have the lower NPV. O IRR of both projects exceeds the cost of capital, then the projects' NPV must be positive. O I Project A has a higher IRR than Project B, then Project A must also have a higher NPV. The IRR calculation implicitly assumes that all cash flows are reinvested at the cost of capital