You won the lottery and have a number of choices as to how to take the money. Which choice yields a greater present value? (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. $12,000 a year at the end of each of the next 6 years using a 6% discount rate O B. $90,000 (lump sum) 7 years from now using a 6% discount rate OC. $92,000 (lump sum) 7 years from now using an 8% discount rate O D. $53,500 (lump sum) now 1 Data Table Data Table - X Present Value of $1 Periods 4 - 5 6 5% 0.823 0.784 0.746 0.711 0.677 0.645 6% 0.792 0.747 0.705 0.665 0.627 0.592 8% 0.735 0.681 0.630 0.583 0.540 0.500 Present Value of Annuity of $1 Periods 5% 4 3.546 5 L 4.329 5.076 5.786 8 6.463 7.108 6% 3.465 4.212 4.917 5.582 6.210 6.802 8% 3.312 3.993 4.623 5.206 5.747 6.247 8 9 9