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
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