Which of the following statements is/are false?

	1.	All the statement given here are false.
	2.	The NPV will be positive if the IRR is less than the cost of capital (K).
	3.	When IRR=K, NPV= 0 (K is the cost of capital).
	4.	Any independent project acceptable by the NPV method will also be acceptable by the IRR method (if the multiple IRR does not exist).