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In the context of the discussion about the discount rate used for discounted cash flow (DCF) analysis, which of the following statements is true? i.

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In the context of the discussion about the discount rate used for discounted cash flow (DCF) analysis, which of the following statements is true? i. The risk premium part reflects only the bankruptcy risk. ii. The risk-free rate part reflects the time value of money. iii. The risk-free rate part can reflect the inflation risk. Select one: a. Neither (i) nor (ii) b. None of (i), (ii), and (iii) c. Neither (i) nor (iii) d. Neither (ii) nor (iii)

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