Which of the following statements is CORRECT? One defect of the IRR method is that it does not take account of the cost of capital. One defect of the IRR method is that it assunes cash flow from the project can bu reimested at WACC. One defect of the IRR method is that it can have mutiple IRes if cash fow is not normat. One defect of the IRR method is that it does not take account of cash fows over a proiecti full life. One defect of the IRR method is that it does not take accoiat of the thee valie of money