Assess the present value of the cash flow stream

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A second way to assess the 100-year bond is to consider a $100m 30 year issue with a 5% rate. The present value of this cash flow stream is $100m, using a 5% discount rate. Suppose you use 5% as the discount rate to assess the present value of the cash flow stream of the 100- year issue. How many years would it take to reach $100m in present value?

Reference no: EM131050504

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