You won the lottery and have a couple of choices as to how to take the money. Which choice yields a greater present value? Present Value of $1 Periods 5% 6% 8% 10% 0.823 0.792 0.735 0.683 5 0.784 0.747 0.681 0.621 6 0.746 0.705 0.630 0.564 7 0.711 0.665 0.583 0.513 8 0.677 0.627 0.540 0.467 0.645 0.592 0.500 0.424 Present Value of Annuity of $1 Periods 5% 6% 8% 10% 4 3.546 3,465 3.312 3.170 4.329 4.212 3.993 3.791 5.076 4.917 4.623 4.355 7 5.786 5.582 5.206 4.868 8 6.463 6.210 5.747 5.335 9 7.106 6.802 6.247 5.759 Con A. $84,000 (lump sum) 7 years from now using a 6% discount rate OB. $53,500 (lump sum) now using a 6% discount rate OC. $81,000 (lump sum) 7 years from now using an 8% discount rate D. $6,000 a year at the end of each of the next 6 years using a 6% discount rate OOOO 5 6 ver Mobi