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Which of the following statements is CORRECT? Assume all projects considered have normal cash flows. A ) The NPV profile graph for a normal project

Which of the following statements is CORRECT? Assume all projects considered have normal cash flows.
A) The NPV profile graph for a normal project will generally have a positive (upward) slope as the life of the project decreases.
B) If a project has higher IRR, it means that this project has a steeper PV profile curve.
C) If two projects have a non-negative crossover rate, then it means that there will always be conflicts between the NPV rule and the IRR rule for mutually exclusive projects, regardless of the cost of capital.
D) We cannot draw a project's PV profile unless we know the appropriate cost
of capital for use in evaluating the project's PV.
E) None of the above

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