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Q5. As a winner of a lottery you can choose one of the following prizes: a). OMR 2,000,000 now. b). OMR 3,400,000 at the end

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Q5. As a winner of a lottery you can choose one of the following prizes: a). OMR 2,000,000 now. b). OMR 3,400,000 at the end of five years. c). OMR 270,000 a year for ever, starting in one year d). OMR 400,000 for each of the next 10 years, starting in one year If the time value of money is 9 per cent, which is the most valuable prize

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