Philip owns investment Echo and 1 share of stock Foxtrot.The total value of his holdings is $400.Stock Foxtrot has an annual expected return of 17 percent.The stock's next annual dividend is expected to be $5.5 in 1 year and all subsequent dividends are expected to grow annually by 7 percent forever.Investment Echo has an expected return of 11% and is expected to pay X per year for a finite number of years such that its first annual payment is expected later today and its last annual payment is expected in 9 years from today.What is X, the annual cash flow made by investment Echo?