Felice Lucas has just won the state lottery and has the following three payout options for after-tax prize money: 1. $170,000 per year at the end of each of the next six years 2. $312,000 (lump sum) now 3. $508,000 (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% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 3.312 3.240 3.170 N- 4 - O A. $850,000 O B. $482,000 OC. $457,251 OD. $762,620