choices are- MIRR, IRR, required rate of return, NVP method, IRR method

If an independent project with conventional, or normal, cash flows is being analyzed, the net present value (NPV) and internal rate of return (IRR) methods __ agree. Projects Y and Z are mutually exclusive projects. Their cash flows and NPV profiles are shown as follows. If the weighted average cost of capital (WACC) for each project is 14%, do the NPV and IRR methods agree or conflict? The methods conflict. The methods agree. A key to resolving this conflict is the assumed reinvestment rate. The IRR calculation assumes that intermediate cash flows are reinvested at the __, and the NPV calculation implicitly assumes that the rate at which cash flows can be reinvested is the __. As a result, when evaluating mutually exclusive projects, the __ is usually the better decision criterion