Which of the following statements is true? I. Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions. II. If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive. III. An investment project with a profitability index of 0.94 has an internal rate of return that is less than the discount rate. Which of the following statements is true? I. Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions. II. If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive. III. An investment project with a profitability index of 0.94 has an internal rate of return that is less than the discount rate. All statements are true. Only statement III is true. None of the statements are true. Only statement I is true