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The present value (t = 0) of the following cash flow stream is $1,262.23 when discounted at 12 percent annually. What is the value of
The present value (t = 0) of the following cash flow stream is $1,262.23 when discounted at 12 percent annually. What is the value of the missing cash flows (x)? Assume the alternating payment of $100 and $x continues in perpetuity. t=0 t=1 t=2 t=3 t=4 t=5 t=6 t=7 | | | | | | | |> PV=$1262.23 100 x 100 x 100 x 100 A. $39.47 B. $190.94 C. $195.67 D. $209.11 E. $221.11
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