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Valuation interest - PowerPoint PPT Presentation

Exam FM/2

Exam FM/2. PSU Study Session Fall 2010 Dan Sprik. Term Structure of Interest Rates. In the real world interest rates (on loans) often depend on the length of the loan. Typically longer time to maturity corresponds to higher interest rates (this is called a normal yield curve)

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TOO MUCH. REINSURANCE CREDIT. Presented by Sheldon Summers California Department of Insurance. Mean Reserves. Assumes a uniform distribution of issue dates. Assumes the policyholder pays premiums annually at the beginning of each policy year . Mean Reserves.

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Valuation interest - PowerPoint PPT Presentation

Exam FM/2

TOO MUCH