What is one important idea presented in this paper why is, Financial Management

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What is one important idea presented in this paper why is

The following questions come from Bengen’s 1994 paper.

1) What is one important idea presented in this paper? Why is it important? How does it relate to FINC 516?

2) List and explain the three stock market declines mentioned in the article.

3) Explain figures 1a to 1d.

4) For a client in retirement, what is the recommended asset allocation?

5) Based on Bengen’s finding, should deflation or inflation be feared more?

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Financial Management: What is one important idea presented in this paper why is

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