You can select one of these five payoff if your discount rate is 10.5% (annual compounding), which payoff is the most valuable, ie has the greatest present value? A kamp sum payment of $10,000 today Aperpetual stream of annual payments starting at $500 in one year and increasing at 6% per year therenaher Five annual payments of $2.000 the first payment occurs one year from today 0 A lump sum payment of $25.000 at the end of 10 years 0 A perpetual stream of annual payments of $1,000 starting in one year.