After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $20 million. you have three options: (a) receive $1 million per year for the next 20 years. (b) have $8 million today. (c) have $2 million today and receive $700,000 for each of the next 20 years. your financial adviser tells you that it is reasonable to expect to earn 12 percent on investments.