As winner of the Midas Touch Prime Lottery, you can choose one of the following prizes:

(a) $60,000,000 now

(b) $80,000,000 at the end of 6 years

(c) $8,000,000 a year for 10 consecutive years. The first payment is in exactly one year.

(d) $2,550,000 a year forever. The first payment is in exactly one year.

(e) $1,250,000 one year from now which increases by 2% a year forever

If the term structure of interest rates is flat at 4%, which is the most valuable prize?