How does that value compare with the value of a 100-year, $150 ordinary annuity at the 10
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How does that value compare with the value of a 100-year, $150 ordinary annuity at the 10 percent interest rate? What does that tell you about the present value of distant cash flows; that is, how much are the cash flows from Year 101 to infinity worth today?
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Related Book For 
Fundamentals Of Financial Management Concise
ISBN: 9780324258721
4th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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