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The Tax Advantages of Pension Fund Investments in Bonds

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NBER1980-08-01 更新2025-01-04 收录
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I believe that every tax-paying firm's defined benefit pension fund portfolio should be invested entirely in bonds (or insurance contracts). Although the firm's pension funds are legally distinct from the firm, there is a close tie between the performance of the pension fund investments and the firm

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1980-08-01
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