Which one of the following projects should you accept? 1. A project with an IRR of 12.7 percent and a required return of 13 percent II. A project with an NPV of $0 III. A project with the computed payback period of 5.9 years, given the benchmark period of 6 years 1) I only 2) ill only 3) Both 1 and 111 4) Both II and