The option to delay a project: 1. may have an insignificant value when a project is subject to a rapidly changing technology. II. is partially dependent upon the exchange rate related to the project being evaluated. III. always has a positive value. IV. is typically valued based on a project's payback period. Multiple Choice O III and IV only O Il only I only O 1. II, and Ill only Multiple Choice Ill and IV only II only I only I, II, and Ill only I and II only