You are evaluating the following project:

Year	0	1	2
Cash Flow	-1000	2500	-1540

Suppose the cost of capital is 13.8%. Which of the following statements are most accurate about making the investment decision?

I.Since the NPV is positive ($7.69), you should accept the project.

II.Since the IRR is 10%, less than the cost of capital, you should reject the project.

III.Since the NPV and the IRR give conflicting investment decisions, you should forfeit this investment opportunity. A. I B. I and II C. I and III D. I, II and III