Question 2 Your dad promised $5,000 over five years to you as a gift. The money will be given to you at the end of the respective year. Consider the three following alternative: Alternative 1: Your dad provides $1,000 per year for five years. Alternative 2: Your dad provides $500 per year in year one and two; $1,000 in year three, and $1,500 in year four and five. Alternative 3: Your dad provides $1,500 in year one, $1,000 in year two, three and four, and $500 in year five. If discount rate is 8% per year, which alternative do you prefer? Explain your answer. [Hint: you need to support your answer by showing relevant workings)