"60% cash payout or 400% PIC claim? Which is better?" by Clement Kai Guan TAN and Teng Aun KHOO
 

60% cash payout or 400% PIC claim? Which is better?

Clement Kai Guan TAN
Teng Aun KHOO, Singapore Management University

Abstract

How to decide whether to choose cash payout or PIC 400% claim