S
shinmo
Member
Cash may not match liability
(1) In terms of impact of unexpected changes in rate of inflation
(2) In terms of uncertainty resulting from need for frequent reinvestment of cash
Can you explain how the 2 factors explain how cash may not match liability?
Thanks
(1) In terms of impact of unexpected changes in rate of inflation
(2) In terms of uncertainty resulting from need for frequent reinvestment of cash
Can you explain how the 2 factors explain how cash may not match liability?
Thanks