In the pension fund model, suppose James has been asked to see how the optimal solution changes
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In the pension fund model, suppose James has been asked to see how the optimal solution changes if the required payments in years 6 to 15 all increase by the same percentage, where this percentage could be anywhere from 5% to 25%. Use an appropriate one-way SolverTable to help him out, and write a memo describing the results.
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Model Pension fund management Costs now and income in other years from bonds Year 1 2 3 4 5 6 7 8 9 ...View the full answer
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Related Book For 
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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