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The Choice of the Proper Profit Objective
company, given its constraints, can produce. Table 1 shows typical profit measures along with the ... will maximize the present value of book profits. TABLE 1 Profit Measure Implied Limited Resource Present ...- Authors: Bradley M Smith
- Date: Jan 1999
- Competency: Technical Skills & Analytical Problem Solving; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Life Insurance>Pricing - Life Insurance