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

Question

Quizplus · Accepted Answer

Banks and property and casualty insurance companies typically have shorter time horizons due to the nature of their liabilities and the need for liquidity. Banks need to be able to meet short-term withdrawals, and property and casualty insurance companies must be prepared to cover claims that can arise unpredictably and require immediate payment.

The Shortest Time Horizons Are Likely to Be Set by