After hearing a knock at your front dooc you are surprised to see the Prize Patrol from a large, well-known magazine subscription compary. It has arived with the good news that you are the big winner, having won $27million. You have three optlons: a. Receive $1,35 milion per year for the next 20 years. b. Have $975 mili on today. c. Have $375 milion taday and recelve $1,050,000 for each of the next 20 years Your financial adviser tells you that it is reascnable to oxpect to earn 13 percent on investments. Required: 1. Calculate the present value of each option, Euture Value of S1. Present Value of \$1. Euture Volue Annuty of \$1, Present Value Annutyols.) 2. Determine which option you prefec, Complete this question by entering your answers in the tabs below. Requirnd : Calculate the present value of each option, (Future Value of \$1, Present Value of \$1, Future Value Annuity of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. Alound your final answer to the nearest whole dollar. Enter your arsners in doliars, not in milons. Required 1 Determine which option you prefer. fetermine which opsion you profer