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Back to Assignment Attempts Average/3 27. Problem 7-27 eBook Problem 7-27 A $1,800,000 state lottery prize is spread evenly over twelve years ($150,000 a year) (Alternative 1), or you may take a lump distribution of $1,549,000 (Alternative 2). If you can earn 6 percent, calculate the present values of both alternatives. Use Appendix D to answer the question. Round your answers to the nearest dollar. PV Amatve 1): $ PV ( Antve 2): $ Which alternative is better? Grade it Now Save & Continue Continue without saving