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  • Canadian Financial Reporting
    stable for a long period of time. But during the 1970’s interest rates started to rise, eventually reaching ... and then started to fluctuate. During the 1980’s lapse rates soared. It was thought to be bad enough ...

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    • Authors: Society of Actuaries
    • Date: Dec 1992
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Topics: Financial Reporting & Accounting