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2 wered Read the following 5 statements and decide which of them are TRUE: of stion Select one or more: O a. When evaluating an investment opportunity, one must always take into consideration how the opportunity is financed. b. The arbitrage-free price of the security is equal to the sum of its cashflows discounted with the appropriate discount rate. c. When comparing multipe projects using the NPV, then all projects with a positive NPV would be acceptable. d. A risk-averse investor will always prefer an investment opportunity, which earns the risk-free rate. Oe. The Value additivity Theorem states, that two securities A and B can only be combined if they have the same cash flows