XYZ Company is trying to determine how to assign discount rates to the various projects
proposed by its numerous international divisions. The company should put the greatest emphasis on which one of the following when assigning the discount
rates? Answer the experience of the managers of the division which is proposing the project the currency exchange rate that will apply to the project the tax structure to which the project will be subjected the various types of risk associated with the project the geographic location where the project will be undertaken