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Zetterberg Builders is given two options for making payments on a brush hog. Find the value of X such that they would be indifferent between

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Zetterberg Builders is given two options for making payments on a brush hog. Find the value of X such that they would be indifferent between the two cash flow profiles if their TVOM is 9.5% per year compounded yearly. End of Year Series 1 Series 2 O 1 2 $275 $325 $375 $425 $0 $0 $0 $0 $35X $25X $15X $5X 3 4 5 Value of X: $

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