Which of the following statements is FALSE?

	A.	It is possible that there is no discount rate that will set the Net Present Value of an investment opportunity equal to zero.
	B.	In comparing different projects, NPV takes account of the different cost of capital values for the different projects, whereas IRR does not.
	C.	It is possible that a project may have more than one internal rate of return (IRR).
	D.	The IRR investment rule is based upon the notion that if the return on other alternatives is higher than the return on the considered investment opportunity, you should undertake this investment opportunity.