Which of the following statements is FALSE? O a. The NPV profile shows the NPV of a project for various IRRS O b. Contingent projects are projects for which the acceptance of one means that other projects will also be accepted O c. Mutually exclusive projects are projects for which the acceptance of one means that other alternative projects will be rejected Od. There may be more than one IRR for cash flow streams where the cash flows change signs more than once Oe. The crossover rate is a special discount rate at which the NPV profiles of two projects cross Which of the following statements is CORRECT? I. Corporations are subject to corporate income tax while partnerships are subject to partnership income tax. II. Proprietorships are subject to more regulations than corporations. III. One of the advantage of the partnership is that it avoids double taxation. O a. Only II is correct O b. Only I and II are correct Oc. Only II and III are correct O d. Only Ill is correct Oe. Only I and III are correct