(1) Which of the following will cause the future value of a series of cash flows to be higher? (A) The discount rate for the cash flows changes such that the present value of the cash flows decreases. (B) The amount of each cash flow is decreased. (C) The riskiness of the cash flows decreases. Note: Question No. 1 continues on page 2 1 BU8201 Question 1 (continued) (D) The total dollar amount of cash flows remains the same, but less of the cash flows are received in the earlier years and more are received in the latter years. (E) None of the above will cause the future value of the cash flows to be higher