1. Evaluating Cash Flows Congratulations! You have just won the New Years Day lottery. Now you have to decide how you want to receive the money. Your options are to: a) Go to the lottery office and receive $6,000,000 now b) Wait and receive $7,000,000 in 10 years c) Receive $1,000,000 at the end of the year and $1,000,000 at the end of each year for 5 more years (total 6 payments) The relevant hurdle rate is 10%. Assume you can ignore inflation, taxes, risk and this is a big stretch, but you have no immediate need for the money. You want to maximize your financial benefit. Which option is the most attractive