Which of the following statements is always true when evaluating the feasibility of an independent project involving an initial $275 000 cash outlay and with anticipated positive cash flows over the next five years: Select one: a. If use of the NPV method is acceptable to the firm, then use of the IRR method will also be acceptable. b. The NPV of the project will be positive if the payback period is acceptable to the firm. c. If use of the NPV method is acceptable to the firm, then use of the payback period will also be acceptable to the firm. d. The NPV of the project will be positive if the IRR equals the firm’s cost of capital
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