Specify whether the following statements about discounted cash flow valuation are true or false. A. As the discount rate increases, the value of an asset increases. B. As the expected growth rate in cash flows increases, the value of an asset increases. C. As the life of an asset is lengthened, the value of that asset increases. D. As the uncertainty about the expected cash flows increases, the value of an asset increases. E. An asset with an infinite life (i.e., it is expected to last forever) will have an infinite value.

Specify whether the following statements about discounted cash flow valuation are true or false. A. As the discount rate increases, the value of an asset increases. B. As the expected growth rate in cash flows increases, the value of an asset increases. C. As the life of an asset is lengthened, the value of that asset increases. D. As the uncertainty about the expected cash flows increases, the value of an asset increases. E. An asset with an infinite life (1.e, it is expected to last forever) will have an infinite valuc