Assume you win the lottery and have a choice to receive your winnings one of two ways. Option 1: Payments of $50,000 per year for each of the next five years Option 2: A single payment of $200,000 immediately Which of the following statements is most correct? a) Option 1 is preferred over Option 2 b) Option 2 is preferred over Option 1. c) Option 1 and Option 2 are equivalent. d) The value of Option 1 is greater than the value of Option 2 because the total cash flow is greater e) There is not enough information to answer this