If mutually exclusive projects with normal cash flows are being analyzed, the net present value (NPV) and intemal rate of retum (IRR) methods agres. Projects Y and Z are mutually exclusive projects. Their cash flows and NPV profiles are shown as follows. Projects Y and Z are mutually exdusive 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 IPR methods agree or confilet? The methods eonfict. The mezhods agree. When there is a conflice, a key co resolving this it is the assumed reinveatment rate. The tRR calculation assumes that intermediate cash fows are reinveated at the be reinverted as the As a reaule when evaluating mutually \&xcl uive proyecto. the if utually the betzer desision conterian