Which of the following statements is correct?
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The IRR method does not consider all relevant cash flows, particularly cash flows beyond the payback period.
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The NPV method assumes that cash flows will be reinvested at the risk-free rate, while the IRR method assumes reinvestment at the IRR.
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The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR.
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The MIRR method does not consider all relevant cash flows, particularly cash flows beyond the payback period.