Select all the statements that are true.

You must select all correct choices to earn credit.

Question options:

A)	A firm has a WACC of 12%. If a particular project has an IRR of 12%, then its NPV must be zero

B)	One flaw of the IRR method is that it assumes that each cash flow can be reinvested at the WACC

C)	One problem with IRR is that it could produce multiple answers

D)	A firm has a WACC of 13%. A Project requires a cash outflow of $2,000 and then it will produce five cash inflows of $1,000. The firm should reject this project

E)	The IRR is an estimate of the rate of return of a project