Solving for missing cash flows
The present value (t=0) of the following cash flow stream is $3,569.17 when discounted at 7.25% compounded quarterly: 0.5x at the end of year 1, $412 at the end of year 2, 2.4x at the end of year 3, and $175 at the end of year 4. Assume this pattern of payments will continue in perpetuity (every 4 years). What is the value of the missing cash flows (x)?