After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. It has arrived with the good news that you are the big winner, having won $36 million. You have three options: a. Recelve $1.8 million per year for the next 20 years. b. Have $12 million today. c. Have $2 million today and receive $1,500,000 for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments. Required: 1. 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. 2. Determine which option you prefer. Complete this question by entering your answers in the tabs below. Calculate the present value of each option. (Future Value of \$1, Present Value of \$1. Future Value Annuity of \$1. Present Value Annulty of $1.) Note: Use approprlate factor(s) from the tables provided. Round your final answer to the nearest whole dollan Enter your answers in dollars, not in millions. After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $36 million. You have three options: a. Receive $1.8 million per year for the next 20 years. b. Have $12 million today. c. Have $2 million today and receive $1,500,000 for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments. Required: 1. Calculate the present value of each option. Future Value of \$1. Present Value of \$1. Euture Value. Annulty of \$1, Present Value Annuity of $1 ) 2. Determine which option you prefer. Complete this question by entering your answers in the tabs below. Determine which option you prefer