Industrial Products Inc. is trying to decide whether to build a new manufacturing plant or a new warehouse. Both facilities require the same initial investment and are expected to generate the same annual cash flows and intangible benefits. However, when calculating the net present values (NPVs) of the projects, Industrial uses a lower discount rate for the warehouse than for the manufacturing plant. This tells us that O the warehouse will have a lower NPV than the plant because Industrial believes the warehouse presents a higher degree of risk. O the warehouse will have a lower NPV than the plant because Industrial believes the warehouse presents a lower degree of risk. O the warehouse will have a higher NPV than the plant because Industrial believes the warehouse presents a lower degree of risk. O the warehouse will have a higher NPV than the plant because Industrial believes the warehouse presents a higher degree of risk