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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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