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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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