Question 1 1 pts Which of the following statements correctly describe how the present value of a future expected cash flow may vary with different factors? As the expected loss of purchasing power due to inflation increases, then, holding all else constant, the present value of a future expected cash flow will decrease. As the period of time we have to wait until we receive a future expected cash flow decreases, then, holding all lelse constant, the present value of the cash flow will decrease. As the risk associated with a future expected cash flow increases, then holding all else constant, the present value of the cash flow will increase. More than one of the other options are correct. 1 pts Question 2 Which of the following characteristics is a necessary feature for pricing a set of cash flows as an ordinary annuity