Question 1: In regards to the time value of money, which of the following is/are true? 1. A higher interest rate environment means the time value of money increase. 2. Continous compounding will give rise to the highest growth rate among different compounding methods 3. As interest rate decreases, the present value of a future cash flow increases. A. Only 1 B. Only 2 C. 1 and 2 D. 1 and 3 E. All of them