You have recently been hired at a company, and as part of the compensation package, they offer you a choice to receive a 5-year bonus via either of the following two options. You can receive 10 semiannual payments of $20,000 for the next 5 years, or can receive a single payment now. You look at interest rates prevailing in the markets, and decide that the appropriate rate for you is a rate quoted as 8% APR. Which of the following would be a single payment amount that would make you indifferent between the two options?

A. $162,218

B. $79,854

C. $134,202

D. $89,036