The story in the text of the CFO who used shareholder money on a project that had a very small chance of returning a large sum and a very large chance of returning zero was used to illustrate what course concept?

Question 12 options:

	That most investors choose to hold a one stock portfolio
	That Treasury securities should be discounted using the risk free rate
	That the risk of a project can change when it is combined with other projects
	That real options can lead to better capital budgeting decisions

ALL CHEGG RESPONCES TO THIS QUESTION ARE WRONG, WHAT IS THE CORRECT ANSWER???