You Are Considering Two Projects with the Following Cash Flows

You are considering two projects with the following cash flows: Which of the following statements are true concerning these two projects?
I.Both projects have the same future value at the end of year 4,given a positive rate of return.
II.Both projects have the same future value given a zero rate of return.
III.Project X has a higher present value than Project Y,given a positive discount rate.
IV.Project Y has a higher present value than Project X,given a positive discount rate.

A) II only
B) I and III only
C) II and III only
D) II and IV only
E) I, II, and IV only