The NPV assumes reimvestment at the WACC. while the IRR assumes reinvestment at the IRR. Question 19 1 pts The advantage of the regular IRR is that it assumes that the cash flows from each project are reinvested at the WACC; the MIRR assumes that cash flows are reinvested at the IRR. True False Question 20 1 pts The payback period is defined as the number of years required to recover the funds invested in a project from its cash flows True False The NPV assumes reimvestment at the WACC. while the IRR assumes reinvestment at the IRR. Question 19 1 pts The advantage of the regular IRR is that it assumes that the cash flows from each project are reinvested at the WACC; the MIRR assumes that cash flows are reinvested at the IRR. True False Question 20 1 pts The payback period is defined as the number of years required to recover the funds invested in a project from its cash flows True False