Questions MC.O4.168.AIgo 1 Question 20 ofSO . '18. O ' 19. . I 20 , . , You are in negotiations to make a 7year loan of $44,000 to DeVille Corporation. To repay you, DeVille will pay $2,500 at the end of Year 1, 85,000 at the end of Year 2, and $7,500 at the end of Year 3, plus a xed but currently unspecied cash ow, X, at the end of each year from Year 4 through Year 7. You are condent the payments will be 21' made, since DeVille is essentially riskless. You regard 8% as an appropriate rate of return on a low risk but illiquid 7year loan. What cash ow must the investment provide 22_ . I . at the end of each of the nal 4 years, that is, what is X? Select the correct answer. 23. 24- O a. $11,959.48 0 b.$11,995.18 25. O \"11,971.33 26' O d.$11,983.28 27. i 0 e. $12,007.08 28. 29. 30. 31. 32