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Old 08-10-2016, 09:44 AM
Jeremy Gold Jeremy Gold is offline
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Join Date: Jul 2003
Location: New York City
College: Wharton PhD 2000
Posts: 448
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The most significant difference between financial economics applied to corporate plans and public plans comes from public finance where intergenerational equity is very important. IE is not very important in corporate finance because, with good information, shareholders can adjust stock prices for under- or overfunding.
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