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Are there assets for which a value might be considered to be hard to determine?
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- What is the difference between experience versus assets with an example?What are some advantages of matching the maturities of claims against assets with the lives of theassets financed by those claims? Is it feasible for afirm to match perfectly the maturities of all assetsand claims against assets? Why might a firm deliberately mismatch some asset and claim maturities?Why is an asset similar to an expense?
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