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Question 48 (3 points) Saved 1) Listen You are negotiating to make a 7-year loan of $22,500 to Breck Inc. To repay you, Breck 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. Breck is essentially riskless, so you are confident the payments will be made. You regard 8% as an appropriate rate of return on a low risk but illiquid 7-year loan. What cash flow must the investment provide at the end of each of the final 4 years, that is, what is X? $3,782.32 b) $4,500.96 C) $4,538.78 d) $2,950.21 $4,576.61 Question 57 (3 points) ) Listen What is the present value of the following cash flow stream at a rate of 5.5%? Years: 0 1 2 3 CFS: $750 $2,450 $3,175 $4,400 O a) $8,704.77 O b) $10,639.16 c) $10.929.32 d) $9,671.96 $8,317.89 O e)