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You just won a prize that comes with two payout choices. The first option is to get $120,000 right now and nothing hereafter. The second

You just won a prize that comes with two payout choices. The first option is to get $120,000 right now and nothing hereafter. The second option is to get $92,000 right now and $9,000 three years from now (and nothing after that). If your discount rate is 8%, which should you take? After comparing the $120,000 for the first option and the $99,144.49 for the second option, you should choose:(Select the best choice below.)

A. first option.

B. either option, as they are equal.

C. second option

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