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Listed below are three lottery payout options. Rather than compare the payout options at their present values, compare the payout options at their future value

Listed below are three lottery payout options. image text in transcribed Rather than compare the payout options at their present values, compare the payout options at their future value ten years from now. image text in transcribed image text in transcribed image text in transcribed image text in transcribed Part 1: image text in transcribed Part 2: image text in transcribed ***List which Option (1, 2, or 3) is most, next, or lease preferable Part 3: image text in transcribed Word options for Fill in the blank: the payout options (at any point in time, only at the present point in time, only at the future point in time),.... to its value (at the same point in time, at the future point in time, at the present point in time)... among the options (differs if, is the same regardless of whether)... as we convert (all, most of the) cash flows... to (different, the same) point in time... using (different, the same) interest rate. Please label which part of the question you are answering, and please refrain from partially answering the question. Thank you!

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