Find the missing value of X (which is an annuity). I. Your…
Find the missing value of X (which is an annuity). I. Your broker has offered to sell you this investment for $17500, but you did not hear the value of the all of the cashflows. IF you feel you should earn a 15% return, what is the value of the Missing Cash Flow (XX) ?$1000 at the end of year 1$1000 at the end of year 2 $1000 at the end of year 3 2000 at the end of year 4$XX at the end of year 5$XX at the end of year 6 $XX at the end of year 7$4000 at the end of year 8. $4000 at the end of year 9A)If you feel that you should earn a 15% return on your investment, what is the value of the 5th, 6th and 7th cashflow?? (It is an annuity).(round the answer to the penny) B) Check your work! Return to your cash flows and enter the answer you had in A. What is the NPV with the full set of cash flows entered? C. What is the IRR with the full set of values in your cash flow buttons? (for partial credit, if needed, type your intermediate steps).