Which of the statements are true about the net present value (NPV), internal rate of return (IRR), and equivalent annual annuity (EAA) methods of evaluating projects? 1. Multiple net present values might result from projects if they have unconventional cash flows. II. NPV is inferior to EAA when evaluating projects with different lives and that are expected to be repeated. III. IRR is inferior to NPV when evaluating projects with different scaling or timing. IV. Internal rate of return might incorrectly rank mutually exclusive projects. O a. I and IV O b. II, III, and IV O c. I, III, and IV O d. I, II, and IV O e. I, II, and