Question 30 6 pts Assume you have just completed the recording of a new song for which the recording company will pay you $19,500 each and every year for the next 20 years. Your required Rate of Return as a rational economic investor equals 8%. But, because the recording studio and you both want to move in separate directions, they're willing to offer you $175,000 as a final "go away,....get lost..." What is the Present Value of the best alternative - take the deal now for $175,000 or wait and take the annual payments over the next 20 years? Take now the $175,000 Wait and realize higher PV of $191,454 Wait and realize higher PV of $192,345 Wait and realize higher PF of 185,211