Suppose the annual quoted rate is 12% per annum compounding quarterly. When discounting a cash flow received in 1 year from today we can use: Select one: A. Annual rate of (1+0.03)^4-1 = 12.5509% with n set as1 or, the quarterly effective rate of 3% with n set as 4. B. Monthly rate of 1% and convert the number of discount periods to the number of months. C. Annual rate of 12%. D. Annual rate of (1+0.01)^12-1 = 12.6835%