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4. What are the assets and liabilities of the pension fund? (a) Conceptually, what do the liabilities amount to? (b) How would you fund them?

4. What are the assets and liabilities of the pension fund? (a) Conceptually, what do the liabilities amount to? (b) How would you fund them? What are the advantages and disadvantages of various asset classes? (c) What is ABCs approach? What is Prudential proposing to do?

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