Which of the following is not true of liquidity or marketability risk or discount?

	a.	It is lower for profitable firms with high cash flows.
	b.	The magnitude of the discount or risk is inversely related to the size of the investors equity ownership in the business.
	c.	It is measurable.
	d.	It is higher for firms whose assets are special purpose or limited use.
	e.	The magnitude of the discount or risk is directly related to the size of the investors equity ownership in the business.