The NPV of project A is 100 and the NPV of project B is 130. If both projects are traditional projects (ie. Initial cash outflow followed by cash inflows) and have the same magnitude of initial investment, which of the following statement(s) are TRUE?

-IRR of A is greater than IRR of B

-Profitability index of B>profitability index of A

-Payback period of B > Payback period of A

-Discounted payback period of B < discounted payback period of A

Question:

-Only 1

-Only 2

-1 and 2 only

-2 and 3 only

-1, 2 and 3