C) Mohammad Salah is a wealthy footballer who plays for Liverpool FC in the English premier league. He decides to donate for Bethlehem University to funds its facilities. Every five years, Salah will give BU S1 million for sure. The first payment will occur five years from today. If the interest rate per year in Palestine is 8% and in the UK is 20%, what is the present value of Salah's donation relative to Rawand who is a financial analyst working in Bank of Palestine? (5-points)