Question 1 (15 pts). You are the winner in the lottery. A recent innovation is to offer prize winners a choice of payoffs as follow. a. An amount of $800,000 paid today, and another amount of $600,000 paid exactly three years and six months from today (5 pts) b. A payment of $55,000 payment at the end of each year forever, and the first payment occurs exactly three year from today. (5pts) c. Starting one year from today, a payment of $215,000 per year for the next 10 years. (5 pts) If you believe that 7.20% p.a. compounded annually is an appropriate discount rate, and assume that you wish to maximize your current wealth, which is the best prize? ..... MILF