If a company uses the same discount rate for evaluating all projects without regard to their degree of risk, which of the following results is likely?

Select one:

a$.$ Accepting only good, low$-$risk projects

b$.$ Accepting too few projects

c$.$ Accepting good, low$-$risk projects and rejecting poor, high$-$risk projects

d$.$ Rejecting only poor, high$-$risk projects

e$.$ Accepting poor, high$-$risk projects and rejecting good, low$-$risk projects