Which of the following is true about the Net Present Value method?

The NPV allows projects to be ranked by rate of return.

The NPV does not utilize time value of money concepts.

The NPV is a rate of return that is acceptable to the firm.

The NPV assumes that all cash flows are reinvested at the firms discount rate.

In evaluating capital projects, the decisions using the NPV method and the IRR method may disagree if

the projects are mutually exclusive.

both the cash flows pattern is unconventional the projects are mutually exclusive.

the projects are independent.

the cash flows pattern is unconventional.