Question 60 2 pts Which of the following are correct regarding the frequency of compounding? Choose two a) The more frequent, the less that needs to be invested now in order to achieve a given future cash flow b) The more frequent, the more that needs to be invested now in order to achieve a given future cash flow c) The more frequent, the greater the present value of a fixed future cash flow d) The more frequent, the lower the present value of a fixed future cash flow Question 61 2 pts Which of the following is(are) false? Choose two a) A Treasury note is a liability of the U.S. Treasury b) A Federal Reserve Note is a liability of the Federal Reserve OC) A Treasury bill is a liability of the U.S. Treasury d) A dollar bill is an asset of the Federal Reserve e) A dollar bill is a liability of the Federal Reserve f) A dollar bill is a liability of the U.S. Treasury