Question 6 A loffery winner was given a choice botween a perpetual payment staring in one year of $20,000 per year, and a Jump today of $300,000 if she could invest the cash flows at 7 percent, what should she do? Take the perpetuty because its value is more than $300,000 Take the perpetuity because its value is less than $300,000 Take the lump sum because its value is less than the perpetuity Take the lump sum because its value is more than the perpetuity