Congratulations! It is March 5^th, 2021 and you have just won the Nine Lives (RIP) Lottery. This is good news. The bad news is question is based on this fact and the information below:

You can choose to receive your money in any of three ways:

A. $2400 on March 5^th, 2022andevery March 5^ththereafter, forever; or

B. $7200 on March 5^th, 2022 or

C. $1200 today

For simplicity, assume that the lottery officials are happy to let you (or anyone else) sell the rights to receive these payments to anyone.

If the interest rate is 100%, you will

A. Choose A

B. Choose B

C. Choose C

D. Be indifferent between A and B

E. Be indifferent between B and C