4. You win the lottery and are given a choice of how to receive the prize: 1) Five annual payments of $1m with the first payment being received tomorrow. 2) A single payment of $4.2m tomorrow. Assuming you can invest money at 7%, which of the below statements is correct? A. The present value of option 1 is higher by $200,000 B. The present value of option 1 is higher by $187 200 C. The present value of option 2 is higher by $800.000 D. The present value of option 2 is higher by $187 200