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Consider the two cash flow streams: Cash Flow Stream 1 Year 0 2 3 4 Payments500400 400 600900 200 Cash Flow Stream 2 Year 0

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Consider the two cash flow streams: Cash Flow Stream 1 Year 0 2 3 4 Payments500400 400 600900 200 Cash Flow Stream 2 Year 0 2 3 C/2 4 Payments1000 0 C/2 These two cash flows are equivalent at an interest rate of 5.6% compounded annually. What is the value of C? Keep your answer to 2 decimal places. eg 98712

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