Suppose two persons retire from the same company and are, Financial Management

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Suppose two persons retire from the same company and are

Suppose two persons retire from the same company and are participants of the same DBP. Their calculated annuities are the same, but when they elected instead to receive lump sums, the amounts were different. What is the most likely reason for this difference?

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Financial Management: Suppose two persons retire from the same company and are

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Financial Management: Suppose two persons retire from the same company and are

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