Following the financial crisis in 2008 and the shutdowns this year due to the COVID-19 virus, risk premiums of securities such as stocks generally __________ because ____________.
Group of answer choices
a. Increased; the cash flows of firms were also increasing
b. Decreased; investors did not want in lose more money
c. decreased; the value of financial assets became riskier due to greater uncertainty about future cash flows
d. Increased; the value of financial assets became riskier due to greater uncertainty about future cash flows
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