FOLLOW UP PRESENT VALUE PROBLEMYou have won the lottery after purchasing a $5 lottery

ticket. You have the following options:

Option 1: $1,000,000 Now

Option 2: $150,000 at the end of each year for 10 years ( $1,500,0000 total)

Option 3: $2,000,000 at the end of 10 years.

Assess which of these is the best option by applying present value techniques.

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"