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Which of the following is the correct way to factor country risk into capital budgeting analysis when the probability of country risk is not constant

Which of the following is the correct way to factor country risk into capital budgeting analysis when the probability of country risk is not constant per period? O

a.Adjusting the discount rate of the project. O

b.Adjusting the cash flows of the project. O

c.Adjusting the political risk rating of the country. O

d.More than one of these options are correct. O

e.None of these options are correct.

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