#9. You recently won the super jackpot lottery. You discover that you have the following two options: {a} You receive 31 annual payments of $l,i}{i, with the first payment being delivered today. The income will be taxed at a rate of 28 percent. Taxes are withheld when the checks are issued. {b} You receive $445,{] now, and you will not have to pay tax on this amount. In addition, beginning one year from today you will receive $1 LESS each year for 3D years. The cash ows from these future payments will he taxed at a rate of 23 percent. Using a discount rate of 10 percent, which option should you select