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An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash

An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. The cash flow expected in 3.00 years from today is expected to be $7320.00 and the cash flow expected in 7.00 years from today is expected to be $8408.00. What is the cash flow expected to be in 5.00 years from today?
An amount less than $7,844.00 or an amount equal to or greater than $3,377,675.00
The amount can not be determined or does not exist because the cash flows are not conventional
An amount equal to or greater than $7,448.50 but less than $7,710.50
An amount equal to or greater than $7,710.50 but less than $7,844.00
An amount equal to or greater than $7,448.50 but less than $10,117,337.00
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