You are considering a project with the following data: Internal rate of return 8.7 percent Profitability ratio .98 Net present value -$393 Payback period 2.44 years Which one of the following is correct given this information? O The discount rate used in computing the net present value must have been higher than 8.7 percent O This project should be accepted based on the profitability ratio O The discounted payback period will have to be less than 2.44 years The discount rate used to compute the profitability ratio was equal to the internal rate of return O This project should be accepted based on the internal rate of return