Which of the following holds true of the Internal Rate of Return of a project where the NPV discount rate is 10%? 1. A project with an IRR of 10% will have an NPV of zero 2. If the projected cash inflows are delayed by one year, the IRR will increase 3. A project with a negative IRR will have a negative NPV 4. A project with a positive IRR will have a positive NPV O 1 & 2 01&3 0184 0 2&3