Which of the following statements is correct when comparing the NPV and the IRR? Multiple Choice O The NPV and the IRR will provide the same accept or reject answer if you have two independent projects with normal cash flows. They are very similar because the IRR is the discount rate that makes the NPV equal to one. O The IRR and the NPV will provide the same accept or reject answer unless you have scale differences between projects. O The IRR is easier to apply when the cash flows are non-normal. The IRR is more reliable when you are evaluating mutually exclusive projects