Which of the following statements is true?

Question 16 options:

a)	In order to compensate for the effects of inflation, nominal cash flows should be discounted with a real discount rate.

b)	Developing countries sometimes require that foreign companies investing capital locally take on additional development or infrastructure projects

c)	Project-specific expropriation risk has no effect on expected future cash flows from a project, but can increase the discount rate

d)	Blocked funds are cash flows generated by a foreign project that are not immediately repatriated to the parent because the project has better opportunities than the parent corporation.