we regular payback ignores cash flows beyond the payback period, but the discounted payback method overcomes this problem. One drawback of the payback criterion is that this method does not take account of cash flows beyond the payback period. Question 29 3 pts Which of the following statements is CORRECT? The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the risk-free rate. The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR. The NPV method assumes that cash flows will be reinvested at the risk-free rate, while the IRR method assumes reinvestment at the IRR. The NPV method does not consider all relevant cash flows, particularly cash flows beyond the payback period. 3 pts Question 30 normal cash flows. Project C has a