Louis has been awarded a bonus for his outstanding work. His employer offers him a choice of the following stream as rewards for his excellent achievement. Given the opportunity cost is 8 percent, rank the four options from the most favorable to the least favorable option. Explain your answer. Year Option 1 Option 2 Option 3 Option 4 0 25,000 10,000 12.000 10.000 8,000

pur-new-sol