THREE of the following statements on the advantages of the Internal Rate of Return (IRR) method of investment appraisal are true, which ones are they?

A. IRR is the main measure of absolute profitability.

B. IRR takes into account the time value of money.

C. It's easy to understand the percentage measure.

D. Internal Rate of Return is pegged on the accounting profits.

E. Internal Rate of Return considers the life of the entire project.

F. IRR is a simple measure of risk.