What degree of variability would you expect from a stock of a newer form with a negative cash flow, but a promise of large future cash flows, when compared with stocks from firms with established positive cash flows?

a. a greater degree of variability in the firm's stock price

b. there isn't enough information to speculate

c. a lesser degree of variability in the firm's stock price

d. the same degree of variability in the two firm's stock prices