Which of the following statements are correct? 1. If the discount for interest rate is positive, the present vatue of an expected sehles of payments wil aways exceed the futute vatue of the same setien iit it a bank compounds interest rate daly, the staied rate wili exceed the effective annual rote: III. If we ase given a periodic interests rate, we can find the annual neicentage fate by multipying the petiodic rate by the number of periods per yeat. N. All other factors held constant, the aresent vakue of a given annual annuly will increose as the number of discounting periods per yeat decreases. Mutple Chice isediv If and iand I and IV II and IV II and III I and III III and IV