Which of the following statements is CORRECT?

Select one:

a. The MIRR method assumes that cash flows will be reinvested at the MIRR, while the IRR method assumes reinvestment at the risk-free rate.

b. The NPV method does not consider all relevant cash flows, particularly cash flows beyond the payback period.

c. The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR.

d. The NPV method assumes that cash flows will be reinvested at the MIRR, while the IRR method assumes reinvestment at the IRR.