问题如下：
Dianna Mark is the chief financial officer of Antiliaro, a relatively mature textile production company headquartered in Italy. All of its revenues come from Europe, but the company is losing sales to its Asian competitors. Earnings have been steady but not growing, and the balance sheet has taken on more debt in the past few years in order to maintain liquidity. Mark reviews the following facts concerning the company’s defined benefit (DB) pension plan:
●The DB plan currently has €1 billion in assets and is underfunded by €100 million in relation to the projected benefit obligation (PBO) because of investment losses.
●The company to date has made regular contributions.
●The average employee age is 50 years, and the company has many retirees owing to its longevity.
●The duration of the plan’s liabilities (which are all Europe based) is 10 years.
●The discount rate applied to these liabilities is 6%.
●There is a high correlation between the operating results of Antiliaro and pension asset returns.
Determine whether the risk tolerance of the DB plan is below average or above average. Justify your response with two reasons.
选项：
解释：
the DB plan is below average
老师，6%的discount rate算很aggressive吗？有没有一个标准来看高于多少是aggresive啊？
