Problem 9 Intro Luxury Resorts is a U.S. firm with several luxury resorts in the Bahamas. Political uncertainty and the risk of political instability have recently increased. The company does not expect its revenue and cash flows to change, but has seen its valuation (stock price) decrease. | Attempt 2/2 for 10 pts. Part 1 Why did its valuation decrease? O The expected cash flows will be lower. The Bahamian dollar depreciated. The Bahamian dollar appreciated. Investors require a higher rate of return. O Fewer people will want to vacation in the Bahamas. Submit