A. The internal rate of return method of analyzing a capital investment project assumes that the resulting cash flows will be able to be reinvested at the rate of return of the project, but the net present value method does not.

B. The risk-free rate is not a part of net present value analysis of a capital budgeting project.

C. The net present value method of capital budgeting involves the assumption that the resulting cash flows will be able to be invested at the rate of return that is used as a discount rate in the analysis.

D. The cost of debt for a capital investment is not the rate that the resulting cash flows are assumed to be reinvested at in net present value analysis.