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1.00 points After hearing a knock at your front door, you are surprised to see the Prize Patrol from your state's online lomery agency Upon

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1.00 points After hearing a knock at your front door, you are surprised to see the Prize Patrol from your state's online lomery agency Upon opening your door, you leam you have won the lottery of $210 million You discover that you have three opions: (1) you can receive $2.10 milion per year for the naxt 11 years, (2) you can have $18.9 millon today, or (3) you can have $5.7 million today and recelve $1.85 million for each of the next9 yeas. Your lawyer tells you that it is ruasonable to expect to earn an annual renn or 10%oninvestments. Required: 1.What is the present value of the above op Ons? (E .e., 1,000,000 not 1.0) rounded to nearest whole dollar.) g 1, D s $1, and PVAoS1)(Use the appropriato factors) from the tables provided. Enter your answer, in whole dollar t thrills Option 1 Option 2 Opson 3 2. Which opion do you prefer? O Option 1 O Option 2 ReferencesBook &Resources Leaming Obiective 89-07 Compute and explain presert values Worksheet Difficuty: 2 Medium MacBook Air

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