There are two financial products. Assuming quarterly compounding and your required return is $10\%.$X will offer $$125,000$ in five years.Y will offer $$5000$ every quarter with first payment since the beginning of the next quarter for five years. $1)$ Which product$($s$)$ have multiple cash flows? $($choose from following A$,$ B$,$ C$,$ D$)$A$.$ Product X onlyB. Product Y onlyC. BothD. Neither$2)$ What is the value of C$1$ for product Y $3)$ What is the present value of product X$?4)$ What is the present value of product Y$?5)$ Compared X and Y$,$ which one you should choose to invest today? $($input either $"$X$"$ or $"$Y$")6)$ If product Y has the first payment since the beginning of the fourth quarter, what is the value of C$1$ for product Y$?7)$ If product Y has the first payment since the beginning of the fourth quarter, what is the present value of product Y$?$