Which of the following statements is accurate?

If Project C's IRR exceeds Project B's, then C must have the higher NPV.

If the NPV is negative, the IRR must also be negative

If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.

If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.