Which of the following statements is correct? Group of answer choices

No conflict will exist between the NPV and IRR methods, when used to evaluate two equally risky but mutually exclusive projects, if the projects' required rate of return is less than the rate at which the projects' NPV profiles cross.

If a project has normal cash flows, then its IRR must be positive.

One defect of the IRR method is that it does not take account of the time value of money.

If a project has non-normal cash flows, then its MIRR must be negative.

The multiple IRR problem can arise if a projects cash flows are not normal.