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

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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