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Using Equities for Long-Term Liabilities
important consideration: the overall level or the valuation of the marketplace at the time you decide to enter ... How do stocks and bonds compare? Table 1 is a fairly convincing table. The S&P 500 is on the left-hand ...- Authors: Peter L Hutchings, George F Foley, Robert J Gaffney
- Date: Apr 1995
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Investments