Question 3 You have won the lottery and have a choice between aj a $12.000,000 cash up one time payment b) a senses of payments of $310,000 per year for 40 years and with an additional one-time $2,000,000 lump sum payment at the end of 10 years, Question 1 Which is the better financial outcome and by how much in today's dollars? Ignore takes these payments are tax free You believe that interest rates will be 2.5% throughout the full period Question 2) What should the annual payments be for you to be indifferent between each option? (10 Marks