You can receive $10,000 today or $2.500 per year for the next five years. If the required rate of return is 10%, what option should be selected? (The present value of an ordinary annuity at 10% for five periods is 3.7908. The present value of one at 10% for five periods is 0.6209.)

a) Receive $2,500 per year for the next five years.

b) The results are the same for both options.

c) Neither option is desirable.

d) Receive $10,000 today