11.

12.

Which of the following is most CORRECT? Select one: O a Real options change the risk, but not the size of projects expected cash flows. Ob Real options are less valuable when there is a lot of uncertainty about the true values of future sales and costs. C. Real options are likely to reduce the cost of capital that should be used to discount a project's expected cash flows. Od Real options increase project risk. Which of the following bonds is typically secured? Select one O a Sinking fund debenture, O b. Floating rate note Eurobond Od Mortgage bond