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Please use formulas instead excel to solve this 5. The present value (t = 0) of the following cash flow stream is $1,262.23 when discounted

image text in transcribedPlease use formulas instead excel to solve this

5. The present value (t = 0) of the following cash flow stream is $1,262.23 when discounted at 12 percent (EAR). What is the value of the missing cash flows (x)? Assume the pattern of payments continues in perpetuity. 110 132 13 I=4 I=5 136 1=7 (=8 1=9 -1--- 1 1 | - | . | -> o PV=S1262.23 X 2.x 100 2x 100 2x

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