Felice Lucas has just won the state lottery and has the following three payout options for after - tax prize money: 1. S164,000 per year at the end of each of the next six years 2. $320,000 (lump sum) now 3. $506,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the first option. (Round your answer to the nearest whole dollar.) Present value of an ordinary annuity of $1: 8% 9% 10% 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.240 3.170 3.993 3.890 3.791 6 4.623 4.486 4.355 7 5.206 5.033 4.868 NO Present value of $1: 8% 0.926 2 0.857 3 0.794 4 0.735 0.681 6 0.630 0.583 NO 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.547 10% 0.909 0.826 0.751 0.683 0.621 0.564 0.513 O A. $455,451 B. $820,000 OC. $735,704 D. $484,000