Question 22 3 pts Which of the following statements is correct? The NPV method assumes that cash flows will be reinvested at the risk tree rate of return. The IRR method assumes that cash flows will be reinvested at the risk-free rate of return. The IRR method assumes that cash flows will be reinvested at the IRR The NPV method assumes that cash flows will be reinvested at the IRR. D Question 23 3 pts What is the IRR of a project with the following cash flows? O 1 2 3 Year Cash Flow -120,000 80,000 40,000 50,000 20% O22% Error 5 Cannot be determined without knowing the weighted average cost of capital Question 24 3 pts If you use a normal project's IRR to calculate the project's NPV, the NPV will be negative Obe equal to zero positive