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Most foundations and endowments are designed to provide benefits into perpetuity so: Select one A . They do not need to hedge against inflation. B
Most foundations and endowments are designed to provide benefits into perpetuity so:
Select one
A They do not need to hedge against inflation.
B Their required return is determined by inflation and a spending rate.
C Their spending rate is determined by inflation.
D They typically invest in lowrisk assets.
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