If mutuasy exduswe projects whi normal Cash flows are being analved, the net present value (WipV) and internal rate of return (IRR) methods agree. Prolects Y and Z are mutuale exclusive projects, Theit Cash flows and NoV profles are shown as follons. If the weighted average cost of apital (WACC) for ead project is 9%, do the NFV and suR methods agree or conflict? The rethods agree, This inethods coiffict When there is a conflict, a key to resolvino this it is the assumed reinvestment rate. The kpv calculation inplicity assumes that intermediate cash flows are reinvested at the , and the IRr calculation assumes that the rate at which cash flows can As a restit, when evaluating mutually oxduslye proiects, the is ysoally the better decision criterion