Which of the following is correct?

If a project's NPV is greater than $$0,$ the project just manages to break even.

If a project's NPV is greater than $$0,$ the project will earn a return equals to its cost of capital.

If a project's NPV is greater than $$0,$ the project will earn a return less than its cost of capital.

If a project's NPV is greater than $$0,$ the project will earn a return greater than its cost of capital.