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.

Question

Quizplus · Accepted Answer

Pension funds are specifically designed to provide long-term investment for retirement planning, with time horizons stretching over several decades. While banks and insurance companies may also engage in long-term investments, they often have a more diverse portfolio with shorter time horizons.

The Longest Time Horizons Are Likely to Be Set by