The modified internal rate of return represents the project's ...

[elizabeth18]

The modified internal rate of return represents the project's internal rate of return assuming that
  intermediate cash flows from the project can be reinvested at the project's required return.
 
  Indicate whether the statement is true or false

Question 2

One drawback of the payback method is that some cash flows may be ignored.
 
  Indicate whether the statement is true or false

[brittanywood]

Answer to Question 1

TRUE

Answer to Question 2

TRUE