D Outlon 2 which of the following and is correct? o la project has "normal" cash flows, then its MIRR must be positive. O a project hus "normal" cash flows, then its IRR must be positive. O The NPV methods assumption that cash inflows are reinvested at the cost of capital is generally more reasonable than the IRR's assumption that cash flows are reinvested at the IRR. This is an important reason why the NPV method is penerally preferred over the IRR method. Arch Course Analytics The multiple IRR problem can arise if a project's cash flows are normal. No conflict will exist between the NPV and IRR methods, when used to evaluate two equally risky but mutually exclusive projects, if the projects' cost of capital is less than the rate at which the projects NPV profiles cross. his hang your screen Stop sharing Hide Show All MacBook Air