Which of the following statements is correct?

(A) If the NPV of a project is greater than 0, its PI will be negative

(B) If the IRR of a project is 0%, its NPV, using a discount rate, k, greater than 0, will be 0

(C) If the PI of a project is less than 1, its NPV should be negative

(D) If the IRR of a project is greater than the discount rate, k, its PI will be less than 1 and its NPV will be greater than 0