Your Father's Pension Recently Vested and He Is Told That

Your father's pension recently vested and he is told that if he never works another day in his life,he will receive a lump sum of $1,500,000 on his 65th birthday (exactly 15 years from today) .Assume that your father needs to permanently retire today.What could he sell the rights to his lump sum for,today,if the correct discount rate for such a calculation is 6%?

A) $625,897.59
B) $1,415,094.34
C) $154,444.15
D) none of the above