23. Projects A and B have identical expected lives and identical initial cash outflows (costs). However, the timing of the cash flows of each project varies. Most of Project B's cash flows come in the early years, while most of Project A's cash flows occur in the later years. Which of the following statements is CORRECT? Select one: a. The crossover rate, i.e, the rate at which Projects A and B have the same NPV, must be greater than either project's IRR b. The IRR of the project with the steeper slope must be greater than the IRR of the project with the flatter slope. c. If you were to graph the NPV profiles of the two projects, Project A's graph would have the flatter slope d. If you were to graph the NPV profiles of the two projects, Project A's graph would have the steeper slope. e. If you were to graph the NPV profiles of the two projects, the two projects would have the same slope