Several Varieties Of Enterprise Valuation Reports Horsley Associates Inc

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The going concern valuation reveals a surplus of $177,669,200; and a funding ratio of 129.7%. The solvency valuation discloses a deficit of $60,045,000; and solvency ratio of 93%. The Trustees use the market value of the fund as on the valuation date for the solvency valuation. Most of the financial and demographic assumptions and strategies used in the solvency valuation are prescribed by laws.

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