Brightspace X nal Exam - Requires Respondus LockDown Browser + Webcam Disposition 26 27 -- -- Question 31 (1 point) Listen 29 30 -- Choose the correct statement when dealing with actively and passively managed funds: 32 33 Actively managed funds have higher MER's because the tax liability will reside with the mutual fund itself 35 36 Passively managed funds have higher MER's because they are more diversified than actively managed funds Passively managed funds have historically outperformed actively managed funds 38 39 Actively managed funds tie their return to an index resulting in a lower MER to the consumer 41 42 V Question 32 (1 point) () Listen 14 45 Sydney has decided to go back to school after working at a hair salon for the last 8 years. She withdrew $11,000 under the LLP from her RSP to upgrade her skills. 48 Calculate Sydney's minimum yearly repayment amount Sydney will be required to remit to the CRA: $733.33 ASUS Vivobook F7 F2 F4 A F8 & # 3 4 5 @ E W E R T S F G H K B M X C Nightspace > X C | 0 B Q Exam - Requires Respondus LockDown Browser + Webcam Question 32 (1 point) 27 ) Listen -- Sydney has decided to go back to school after working at a hair salon for the last 8 30 years. She withdrew $11,000 under the LLP from her RSP to upgrade her skills. Calculate Sydney's minimum yearly repayment amount Sydney will be required to remit to the CRA: 33 $733.33 $1,000 36 $1,100 Sydney will be required to pay back the full $11,000 in the fifth year after her 39 first LLP withdrawal Question 33 (1 point) 42 ) Listen Justin forgot to make his $800 minimum HBP repayment amount back into his RSP. 45 What are the resulting consequences? The $800 will accrue into the following years payment 48 Justin will be forced to report the $800 into his income for the year Justin can defer his minimum payment to a future year This will affect Justins credit bureau ASUS Vivobook F9 F12 F49 J Jill F3 F6 212 F7 A FB ? # 3 5 2 E 8 W E R H K F S B N M X C All CorX C | @ | B Q am - Requires Respondus LockDown Browser + Webcam Question 33 (1 point) 27 Listen Justin forgot to make his $800 minimum HBP repayment amount back into his RSP. What are the resulting consequences? 30 The $800 will accrue into the following years payment 33 Justin will be forced to report the $800 into his income for the year Justin can defer his minimum payment to a future year 36 This will affect Justins credit bureau Question 34 (1 point) 39 Listen You bought a bond at a premium this year from your brokerage firm. The face value is 42 $10,000, there is an attached coupon rate of 8% and has a maturity year of 2035. Choose the best statement: 15 Interest rates have been going up Interest rates have been going down The par value at maturity will be higher The par value at maturity will be lower ASUS Vivobook F9 F2 & O # $ 5 O 2 3 4 @ W R T E F H K S B N M X C All Cor- Requires Respondus LockDown Browser + Webcam Question 35 (1 point) Listen Which of the following is poor advice when considering retirement planning? Take advantage of tax savings Plans such as the OAS and CPP provide sufficient income Take advantage of employer plans Start early Question 36 (1 point) Saved ) Listen Which of the following is a reason why you would choose a segragated fund over a mutual fund? Segragated funds have low MER's Segragated funds have high MER's .Segragated funds provide a partial or full guarantee of your principal None of the above answers are correct Question 37 (1 point) Saved ASUS Vivobook F9 F2 4111 F3 FA & $ 3 3 4 5 P W E R T 8 H K S D F M C V B N X All Cor