Select that is a false statement.

		Payback period investment criterion ignores cash flows after the payback period.
		When cash flow changes signs multiple times during the investment period, there could be multiple IRRs.
		When using internal rate of return (IRR) as an investment criterion, and if the project has one IRR, you accept the project when IRR is higher than the discount rate.
		When creating a portfolio using two securities with a perfect positive correlation (correlation =1), you can reduce the risk of the portfolio.
		When creating a portfolio using two securities with a perfect negative correlation (correlation = - 1) , you can eliminate risk of the portfolio completely.