ADP (Automatic Data Processing) has entered into a sponsorship agreement with the Racing Louisville FC. otal that ADP is paying to Racing is $500,000 over 5 years (20232027). There are three proposed options for the payment schedule shown below: Options A, B and C. - Option A - $100,000 per year each year for 5 years - Option B - $300K paid to Racing in year one followed by $50K paid each year in years 25 - Option C$50K per year for the first 4 years and a balloon payment of $300K in year 5 The Inflation Rate is 3% each year for all payment schedules. 1. Using the data given, calculate the NPV for each payoff schedule - Option A: \$ - Option B: \$ - Option C: \$ 2. Which payment schedule (Option A, B or C) is the most beneficial to Racing Louisville? Option Explain why you would recommend this option to the President of Racing Louisville. 3. Which payment schedule (Option A, B or C) is most beneficial to ADP? Option Explain why you would recommend this option to the President of ADP. ADP (Automatic Data Processing) has entered into a sponsorship agreement with the Racing Louisville FC. otal that ADP is paying to Racing is $500,000 over 5 years (20232027). There are three proposed options for the payment schedule shown below: Options A, B and C. - Option A - $100,000 per year each year for 5 years - Option B - $300K paid to Racing in year one followed by $50K paid each year in years 25 - Option C$50K per year for the first 4 years and a balloon payment of $300K in year 5 The Inflation Rate is 3% each year for all payment schedules. 1. Using the data given, calculate the NPV for each payoff schedule - Option A: \$ - Option B: \$ - Option C: \$ 2. Which payment schedule (Option A, B or C) is the most beneficial to Racing Louisville? Option Explain why you would recommend this option to the President of Racing Louisville. 3. Which payment schedule (Option A, B or C) is most beneficial to ADP? Option Explain why you would recommend this option to the President of ADP