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. ____________________Remark: * This program aims to conduct either the afforestation or reforestation with the purpose of absorbing CO2. ** Institutional Investor and Ultra-High Net Worth Investor are as defined in the
-determined, acceptable level. 5 Important Notes • I do not consider the minimization problem of ruin probability as in Bayraktar & Young (2007) because ruin is not the absorbing state. • The earner continues