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2. Which one of the following statements is wrong? a. The fact that CFs are reinvested at the IRR is more realistic than considering the

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2. Which one of the following statements is wrong? a. The fact that CFs are reinvested at the IRR is more realistic than considering the WACC, so the NPV method is the best. b. The NPV method assumes that cash flows are reinvested at the opportunity cost of capital c. The MIRR assumes that cash flows are reinvested at the WACC d. MIRR is considered to be better than IRR due to the avoidance of the O problem of multiple IRRs and to the preference of managers in terms of rate of return comparison e. None of the above

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