Question: Multiple Select Question Select all that apply A short time horizon constraint exists for which of these investors? More than one answer may be correct.

Multiple Select Question Select all that apply A short time horizon constraint exists for which of these investors? More than one answer may be correct. Multiple select question. Life and health insurance companies that specialize in term insurance policies have a short horizon. Property and casualty insurance companies have a short horizon as most policies are renewed annually. Pension funds have a short horizon because of the life expectancy of their beneficiaries. Banks have a short horizon constraint arising from the risk of interest rate spread

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