After completing a long and successful career as senior vice president for a large bank, you are preparing for retirement Visiting the human resource office, you that you had several retirement post you can receive an immediate cash payment of $1300000. you can receive 192000 per year for life you have a we expectancy of 25 years or you can receive 590017 per year for 12 years and then $100040 per year for 13 years (this option is intended to give you some protection against Inflation You have determined that you can earn on your investment What is the present value of the most valuable aption? 2 After completing a long and successful career as senior vice president for a large bank you are preparing for retirement Visiting the human resource for you at you love mention you can receive an immediate cash payment of 51300000, (2) you can receive $92000 per year for life you have a fe pectancy of 25 years of Cliyou can starter 12 years and 1100040 per year for 13 years this option is intended to give you some protection again inflation. You have determined that you can dam on your nem What is the present of the most option? 3 1