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You have won the lottery and have 3 choices. You can choose to receive $1,000,000 immediately in cash. Your second option is to receive a

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You have won the lottery and have 3 choices. You can choose to receive $1,000,000 immediately in cash. Your second option is to receive a single payment of $2,000,000 at the end of 15 years. Your third option is to receive payments of $100.000 a year for 15 years. What is the value of this option if your discount rateis 9%? Provide the answer for OPTION 1 (in this format x.XXX.XX) You have won the lottery and have 3 choices. You can choose to receive $1,000,000 immediately in cash. Your second option is to receive a single payment of $2,000,000 at the end of 15 years. Your third option is to receive payments of $100,000 a year for 15 years. What is the value of this option if your discount rateis 9%? Provide the answer for OPTION 2 (in this format X.XXX.XX) You have won the lottery and have 3 choices. You can choose to receive $1.000.000 immediately in cash. Your second option is to receive a single payment of $2,000,000 at the end of 15 years. Your third option is to receive payments of $100,000 a year for 15 years. What is the value of this option if your discount rateis 9%? Provide the answer for OPTION 3 (in this format X.XXX.XX) Which option should you choose if your discount rate is 9%? Option 1 Option 2 O Option 3 None of the above

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