Run the retirement model from Example 11.6 with a damping factor of 1.0 (instead of 0.98), again

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Run the retirement model from Example 11.6 with a damping factor of 1.0 (instead of 0.98), again using the same three sets of investment weights. Explain in words what it means, in terms of the simulation, to have a damping factor of 1. Then comment on the differences, if any, between your simulation results and those in the example.

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Practical Management Science

ISBN: 978-1305250901

5th edition

Authors: Wayne L. Winston, Christian Albright

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