The Bullet GIC as an Example

Authors

• David F. Babbel, University of Pennsylvania
• Jeremy Gold, Jeremy Gold Pensions
• Craig B. Merrill, Brigham Young University - ProvoFollow

Keywords

fair value, actuarial valuation, liability measurement

Abstract

There has been considerable discussion of a variety of issues related to fair value in the actuarial literature, in conferences, and among individuals interested in this topic. Unfortunately, we seem to be failing to communicate due, in part, to inconsistent use of terminology. The goal of this discussion paper is to present a few concepts that we hope will be of use in the broader discussion of fair value of liabilities.

Original Publication Citation

The Bullet GIC as an Example, written with David Babbel and Jeremy Gold, Risks and Rewards, February, 2001.

BYU ScholarsArchive Citation

Babbel, David F.; Gold, Jeremy; and Merrill, Craig B., "The Bullet GIC as an Example" (2001). Faculty Publications. 9118.
https://scholarsarchive.byu.edu/facpub/9118

Document Type

Peer-Reviewed Article

Publication Date

2001

Publisher

Risks and Rewards

Language

English

College

Marriott School of Business

Department

Finance

University Standing at Time of Publication

Full Professor

Copyright Use Information

https://lib.byu.edu/about/copyright/