The longest time horizons are likely to be set by
A) banks.
B) property and casualty insurance companies.
C) pension funds.
D) banks and pension funds.
E) property and casualty insurance companies and pension funds.

Question

Quizplus · Accepted Answer

Pension funds typically have the longest time horizons because they manage assets to fund pensions many years into the future, often spanning decades, to match their long-term liabilities.

The Longest Time Horizons Are Likely to Be Set by