If mutually exclusive projects with normal cash flows are being analyzed, the net present value (NPV) and internal rate of return (IRR) methods sometimes agree always sometimes never Projects Y and Z are mutually excusmve cts. Their cash flows and NPV profiles are shown as follows NPV (Dollars) Year Project Y Project Z 800 $1,500 $1,500 $200 $900 600 Project Y $400 $600 $600 $300 400 4 $1,000 $200 Project Z 200 If the weighted average cost of capital (WACC) for each project is 6%, do the NPV and IRR methods agree or conflict? 200 2 4 6 8 10 12 14 16 18 20 O The methods agree. COST OF CAPITAL (Percent) The methods conflict