You have £100,000. You are faced with three alternatives. Your discount rate is 8% per annum. The three alternatives from which you may choose are summarised as follows: • Option A: £250,000 in 12 years with certainty • Option B: £1,000 every month for 10 years with monthly compounding • Option C £5,000 every year for life (indefinitely) For each option, calculate the present value and then explain your choice for the best option