Exercise 21.1.5 A pension fund manager wants to take advantage of the high yield offered on T-notes,
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Exercise 21.1.5 A pension fund manager wants to take advantage of the high yield offered on T-notes, but unusually high policy payouts prohibit such investments. It is, however, expected that cash flow will return to normal in September. What can be done?
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ISBN: 9780521781718
1st Edition
Authors: Yuh-Dauh Lyuu
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