Which one of the following statements is correct in relation to independent projects?

A:The internal rate of return cannot be used to determine the acceptability of a project that has financing type cash flows.

B:Projects with financing type cash flows are acceptable only when the internal rate of return is negative.

C:A project with financing type cash flows is acceptable if its internal rate of return exceeds the required return.

D:The net present value profile is upsloping for projects with both investing and financing type cash flows.

E:A project with investing type cash flows is acceptable if its internal rate of return exceeds the required return.