Which of the following statement(s) is (are) correct regarding the internal rate of return (IRR) method? I- The IRR is the rate of return required by a firm's management for a particular investment. II- The discount rate that makes the net present value of a project equal to zero. III- The IRR may lead to incorrect decisions in comparison of mutually exclusive investments.

Question 13 options:

1)

I only

2)

II only

3)	II and III only

4)	I, II and III only