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Long-Tail Distributions And Total Returns On Risk-Based Investment Products

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Figure

Figure 1: Source: Murphy and Scraturro (2012) Equity Share of TDF “To” versus TDF “Through”
Table 1: Asset Allocation (as % of total assets) in S&P Target Date Index Series
Table 2: Estimation Results
Figure 2: Normal Versus Laplace Distributions With Zero Mean And Standard Deviations Of 1
+4

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