Which of the following are merit of IRR method of Capital Budgeting?

A. IRR method recognised time value of money

B. Acceptance rule r > k

C. It considers all cash flows occuring over the entire life of the project to calculate its rate of return 

D. IRR method is good choice for mutually exclusive project. 

E. Value additivity principle implies in IRR method.

Choose the correct answer from the options given below: