Which of the following statement is false? Assume a normal cash flow that is an initial cash outlow followed by a sequence of cash inflows. Select one O a If the NPV of a project is greater than zero, its discounted payback period is shorter than its investment vite Ob puis a better measure than NPV when a company is subject to budget constraints O c. Ir the NPV of a project is greater than zero, its profitability index is greater than 1 O d. If the NPV of a project is equal to zero, its IRR is equal to the discount rate Oe. If the payback period of a project is shorter than its investment life, its NPV is greater than zero