You just won a prize and as your prize you will receive unending payments. First payment will be paid one year from today and it will be $75,000. The payments will increase by 3.2 percent annually thereafter. What is the present value of your prize if the discount rate is 7.6 percent? a. $2,343,750.00 b. $846,918.22 $1,704,545.46 O d. $986,842.11 e. $1,350,000.00