John just bought 2 cases of hair gel from XYZ Products. John has been offered the 3 possible payment options described in the table. If the discount rate is 11.0%, which of the assertions is true?

Option	Terms of payment (amount and timing) from John to XYZ Products
A	$10,000 today
B	$12,500 in 2 years from today
C	$15,000 in 4 years from today

	a.	John should prefer option B more than option A and John should prefer option C more than option A
	b.	John should prefer option B more than option A, but John should not prefer option C more than option A
	c.	John should not prefer option B more than option A, but John should prefer option C more than option A
	d.	John should not prefer option B more than option A and John should not prefer option C more than option A