Question: Statement 1: The IRR method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital. Statement 2:

Statement 1: The IRR method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.

Statement 2: The NPV method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.

True, False False, True True, True False, False

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