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

Question

Quizplus · Accepted Answer

Endowment funds are typically set up to exist in perpetuity, meaning they have the longest time horizons as they are meant to last indefinitely. Banks and property and casualty insurance companies may have long-term investments, but they also have shorter-term obligations and may not operate with the same long-term focus as endowment funds.

The Longest Time Horizons Are Likely to Be Set by