15. You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving the insurance proceeds. You can receive a lump sum of $45,000 today or receive payments of $7200 a year for ten years (starting in one year). The required return (discount rate) is 12%. Which option should you take and why? a. You should accept the payments because they are worth $48,456.91 today. b. You should accept the payments because they are worth $47,523.74 today. c. You should accept the payments because they are worth $46,737.08 today. d. You should accept the $45,000 because the payments are only worth $43,757.69 today. e. You should accept the $45,000 because the payments are only worth $40,681.61 today