4. You have won a prize in a lottery-but there is a choice. You can choose to take the hamper of foodstuffs delivered this Christmas, and every following Christmas for 10 years (11 in all) or you can simply take a cheque for 600 right now. The hamper has a current market value of 100. From a financial point of view, which option is to be preferred? (Assume the hamper, if not required, can always be sold at its market value, that your personal borrowing/saving rate is 15% and that inflation is 5% per annum, that these rates are constant over the period in question, and also that it is close to Christmas right now). How much difference does it make to the value of the hamper option if you have to wait a whole year to receive the first hamper?