John hit a jackpot and will be receiving $2,000,000 at the end of each year in the next 20 years. But if John chooses the "cash option" he will receive much less than that, that is, he can receive a lump sum payment today equal to the present value of the ordinary annuity instead of the 20 annual payments. What is John's payoff if he chooses the cash option, if the discount rate is 7%? A. $42,977,401 B. $26,945,332 C. $21,188,028 OD. $39,707,503