Which of the following statements are true? i. Discounted payback period ignores the timings of project's cash flows. ii. When faced with resource constraints, one should always use Profitability Index measure to choose which projects to invest in out of all the available projects. ili. The shares of XYZ Co, has traded as high as $200 and as low as its current $55 for most of the past last year. Since the stock has demonstrated a large amount of price movement, the stock has a very high beta. iv. When comparing two projects we should select the one with a higher Internal rate of return. N. a. i, it, and iii b. I and it c. ill and iv d. ii, ill, and iv e. None of the statements are true