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Generally, the __________ the uncertainty about an asset's future benefits, the __________ the discount rate investors will apply when discounting those benefits to the present.
Generally, the __________ the uncertainty about an asset's future benefits, the __________ the discount rate investors will apply when discounting those benefits to the present.
a. | greater; lower |
b. | smaller; higher |
c. | greater; higher |
d. | greater; more uncertain will be |
e. | none of the above |
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