kristina just won the lottery and she must choose among three awards option she can elect to receive a lump sum today of $62 million, to reveive 10 end-of- year payments of 9.5 million

or to receive 30 end of year payments of $5.6 million . 1.) If she think she can earn 7% annually , which should she choose? 2.) If she expects to earn 8% annually which is her best choice. 3.) If she expects to earn 9% annually which option would you recommend? 4.) Explain how interest rates influence her choice