Which of the following statements is (are) true concerning the internal rate of return (IRR)?
A. The IRR is the most widely used capital budgeting technique.
B. The IRR method can produce multiple rates of return if the cash flows are nonconventional.
C. If the IRR rate is used as the discount rate, then the resulting profitability index must equal 1.0.
D. The crossover point occurs where the IRR of two projects are equal