You have won $1,300,000 in a lottery. Your winnings will be paid to you in equal annual year and installment of 565,000 over 20 years. You estimate that you can earn 8% on your investments The present value of your $1,300,000 winnings would be closest to using present valuable use factor amounts rounded to three decimal places, XBOX. Round your finanswer to the nearest whole dollar) Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of table) OA $636,170 OB $15.000 OC$661.830 OD. $1.300.000 Annual cash flows from two competing investment opportunities are given. Each investment opportunity will require the same initial investment, (Click the icon to view the competing investment opportunities) (Click the icon to view the Prosent Value of $1 table.) Click the foon to view the Present Value of Annuity of $1 table) Requirement 1. Assuming a 14% interest rate, which investment opportunity would you choose? Begin by computing the present value of each investment opportunity. Assume that the annual cash flows occur at the end of each year. If using present value tables, use factor amounts rounded to three decimal places, XXX. Round intermediary computations and your final answer to the nearest whole dollar) The present value of investment opportunity Ass and the present value of investment opportunity is $ Investment opportunity should be chosen because the present value of cash flow is than the present value of investment opportunity