In compliance with The Violence Against Women Reauthorization Act of 2013,XCorp provides housing protections for victims of domestic violence, dating violence, sexual assault, and stalking in covered housing programs. XCorp is considering renovating an old building in downtown Chicago. The investment consists of a down payment of $12,275 now, followed by payments of $6,500 in year one, and then $500, $6,100, $3,250, $2,000 and $3,300 in the following five years. 1). Using Time Value of Money, when will XCorp break even if it moves forward with this investment? 2). Please show the NPV Problem XCorp plans to sell a $2.5 million bond. The money is needed to provide additional funding to open new community-based shelters and reduce reliance on commercial hotels, and support the transition from shelter to permanent housing. The bond matures in 12 years and requires semiannual interest payments. The stated interest rate is 5.25 percent, but rates have fallen to 4.96 percent in the market. How much will the XCorp receive when it sells thebond?