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AzJose AzJose
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2 years ago
Which of the following statements concerning defined benefit and defined contribution pension plans is (are) true?
I.   The employer bears the investment risk with a defined contribution plan.
II.   Defined benefit plans favor workers who enter the plan at older ages.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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2 years ago
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