The Detailed Projection Period

The detailed projection period

A) should be long enough so that the discount factor is high enough to make any error in the length of the horizon period negligible.
B) should end before the point at which you expect the present value of your growth opportunities to no longer relevant.
C) should be no longer than 5 years since it is next to impossible to make accurate cash flow forecasts beyond that point.
D) Both B and C are true statements.