Question: Moving to the next question prevents changes to this answer. estion 14 Assume you win the lottery and have a choice to receive your winnings
Moving to the next question prevents changes to this answer. estion 14 Assume you win the lottery and have a choice to receive your winnings one of two ways. Option 1: Payments of $50,000 per year for each of the next five years Option 2: A single payment of $200,000 immediately Which of the following statements is most correct? Option 1 and Option 2 are equivalent. OA. O B. Option 2 is preferred over Option 1 c. The value of Option 1 is greater than the value of Option 2 because the total cash flow is greater. OC. O D. There is not enough information to answer this question. OE. Option 1 is preferred over Option 2. Moving to the next question prevents changes to this
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