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Question 2 Congrats! You won the Pepsi Billion Dollar Challenge. You are given a choice between the following options: Option A: $5 million today, $5
Question 2 Congrats! You won the Pepsi Billion Dollar Challenge. You are given a choice between the following options: Option A: $5 million today, $5 million per year for nineteen years (years 1--19), $10 million per year for nineteen years (years 20--38), and $710 million in year 39. Option B: $200 million today. Which option do you prefer if r = 4.5%
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