Which of the following is true: I. Cost of Equity is lower than cost of debt because equityholders face higher risk than debtholders II. The future cash flows from the projects that have higher uncertainty normally should be discounted at a higher rate. III. Investors would like to be compensated for bearing higher risks by requiring higher expected return

		I and II only
		I, II, and III
		I and III only
		II and III only
		I only