Scenario 15.1: This Year Jacob Verytall Signs a "Fifty Million Dollar" Contract

Scenario 15.1:
This year Jacob Verytall signs a "Fifty Million Dollar" contract with the Mission City Muckrakers, a new basketball team. He will be paid $10 million per year over the next 5 years beginning next year. The interest rate is 10%, and the Muckrakers have enough in the bank to generate the payment stream.
-Refer to Scenario 15.1. If the interest rate falls,

A) the present value of this contract will fall.
B) the present value of this contract will be unaffected.
C) the present value of this contract will rise.
D) Jacob will be paid less than $10 million each year.
E) Jacob will be paid more than $10 million each year as he can invest the money.