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  • PBA Corner
    Under this circumstance, the construct of VM-20’s require- ment of a 2 percent collar on starting assets ... to occur precisely at the end of each period. Table 1 shows a GPV of $76.06 (Row E, period 0) and an ...

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    • Authors: Karen Rudolph
    • Date: Jun 2014
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: The Financial Reporter
    • Topics: Pensions & Retirement>Assumptions and methods