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You are in negotiations to make a 7-year loan of $45,000 to Deville Corporation. To repay you, DeVille will pay $2,500 at the end of

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You are in negotiations to make a 7-year loan of $45,000 to Deville Corporation. To repay you, DeVille will pay $2,500 at the end of Year 1, $5,000 at the end of Year 2, and $7,500 at the end of Year 3. plus a fixed but currently unspecified cash flow, X, at the end of each year from Year 4 through Year 7. You are confident the payments will be made, since De Ville is essentially riskless. You regard 8% as an appropriate rate of return on a low risk but illiquid 7-year Ioan. What cash flow must the investment provide at the end of each of the final 4 years, that is, what is X? Select the correct answer. 0 3.512,315.01 6.51236461 O c 512,539.81 O d. 512,327.41 O $12,35221

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