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Effective rates for time periods of multiple years: The present value of the following cash flow stream is $1104.23 when discounted at 10% EAR. What

Effective rates for time periods of multiple years: The present value of the following cash flow stream is $1104.23 when discounted at 10% EAR. What is the value of the missing cash flows "X"? The pattern of payments continues in perpetuity. $50 $50 $50 $50 | t=4 t=-2 t=-1 t=1 t=2 t=3 t=5 t=6 Years t=0 PV. $1104.23 7 1.13 1.13

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