You manage a casino which offers a choice in how the winner of a lottery may receive his prize. If the interest rate is 10% per annum, compounded annually, which of the following prizes has the highest present value? Show all your work. A. $2 000 000 immediately B. An ordinary annuity of $300 000 per year for each of the next 10 years (starting one year from now) C. $3 000 000 at the end of five years D. A perpetuity of $250 000 per year starting one year from now