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Here's a hypothetical question.Your boss has asked you to evaluate the net present value of the future cash flows of two investments: one risky investment,

Here's a hypothetical question.Your boss has asked you to evaluate the net present value of the future cash flows of two investments: one risky investment, and one where the returns are more predictable.Should you use the same discount rate for both sets of cash flows, or should you assign a higher discount rate to the riskier investment?Why?

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