value: 10.00 points Julie has just retired. Her company's retirement program has two options as to how retirement benefits can be received. Under the first option, Julie would receive a lump sum of $125,000 immediately as her ful retirement benefit. Under the second option, she would receive $12,000 each year for eleven years plus a lump-sum payment of $51,000 at the end of the eleven-year period Click here to view Exhibit 13B-1 and Exhibit 13B 2, to determine the appropriate discount factor(s) using tables Required: la Calculate the present value for the following assuming that the money can be invested at 6% Round discount factor(s) to 3 decimal places.) Present Value of First Option Cash Flow x Discount Factor Present Value Lump-sum payment Present Value of Second Option Cash FlowDiscount Factor Present Value Annual annuity Lump-sum payment Total present value O Type here to search