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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (173886)6/19/2002 2:34:14 PM
From: Alias Shrugged  Read Replies (1) of 436258
 
6% - 7%???

How the hell do you expect to land any juicy consulting assignments with that kind of piss-poor doomster attitude?? -gg-

Funny, I started at the Wyatt Company in 1980. At that time, the most prevalent interest rate for valuing defined benefit pension plans for purposes of determining funding requirements was 5% or 5-1/2%. Over the years, it moved to about 8-1/2%. Long bull markets will do that.

Well, I will plug in 6% or 7% into the projections; just don't expect any calls from IBM wanting your financial guidance!

Mike
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