(a) A 529 plan is:

A.)A defined contribution retirement plan offered by not-for-profit institutions.

B.)" A type of retirement plan that individuals can make use of, regardless of whether they are covered by a retirement plan at work."

C.)The savings account component in a Health Savings Account

D.)An account that allows you to purchase life insurance with before-tax dollars.

E.)A tax-sheltered savings account for higher education expenses.

(b)True or False: " Exposure to systematic risk is rewarded with higher expected return. Conversely, exposure to non-systematic risk is not rewarded with higher expected returns."

(c)" Altria has a 6.5% coupon 30 year bond (par value = $1,000). Assume that coupon payments are semiannual and that the yield-to-maturity is 7%. What is the price of this bond?"