Question: For a given interest rate, more frequent compounding: A. Increases the present value of a given future cash flow and decreases the future value of

For a given interest rate, more frequent compounding:

A. Increases the present value of a given future cash flow and decreases the future value of a given present cash flow.

B. The answer will depend on the number of compounding periods.

C. Decreases the present value of a given future cash flow and increases the future value of a given present cash flow.

D. Decreases the present value of a given future cash flow and decreases the future value of a given present cash flow.

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