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Which one of the following statements is correct in relation to independent projects? The internal rate of return is the most reliable method to determine

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Which one of the following statements is correct in relation to independent projects? The internal rate of return is the most reliable method to determine the acceptability of a project that has financing type cash flows. The internal rate of return is the least reliable method to determine the acceptability of a project that has financing type cash flows. Projects with financing type cash flows are acceptable only when the internal rate of return is negative. A project with investing type cash flows is acceptable if its internal rate of return exceeds the required return. NPV is the least reliable to determine the acceptability of a project that has financing type cash flows

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