If all projects are assigned the same discount rate for purposes of ev

If all projects are assigned the same discount rate for purposes of evaluation, which of the following could occur?

A) Low-risk projects could be rejected when in fact they are good investment choices.
B) High-risk projects could be accepted when in fact they are poor investment choices.
C) High-risk projects could be accepted when in fact they are good investment choices.
D) All of the choices could occur when using a single discount rate for all projects.

ANSWER

Answer: D