3) John wins the lottery and has the following three payout options for after-tax prize money: 1. $150,000 per year at the end of each of the next six years? 2. $300,000 (lump sum) now 3. $500,000 (lump sum) six years from now The required rate of return is 9%. What is the present value if he selects the first option? Round to nearest whole-dollar. Present value of annuity of $1:9 a Present value of $1:1 9 A) $750,000 \% B) $672,9009 C) $450,000O D) $450,050 \$