finance

7. Which statement is correct? a. In any bond, "financial covenant" has the same effect as "negative pledge" b. Corporate Bond's "credit rating" indicates how well the company is being managed. c. Credit Rating of any bond simply indicate the issuer's ability to service the repayments. d. a) and b). 8. Which statement is correct? a) Special Saving Fund (SSF) gives tax payer tax benefits of 30% of Gross Income in any given year. b) We can invest in SSF which invests in low risk assets only due to its retirement benefits. c) We can switch SSF anytime we wish without losing tax benefits. d) All of the above. 9. Which statement is not correct? a) Retirement Mutual Fund (RMF) gives tax payer tax benefits up to 30% of Gross Income in any given year. b) RMF usually pays dividend as a compensation to holder having to hold it until the age of 55. c) We can switch RMF anytime we wish without losing tax benefits. d) One needs to invest a minimum of the lower between 3% of Gross Income or 5,000 four years hence, 10. Which statement is not correct? a) When investing in equity REITs, unit holders are entitled to the same benefits as shareholder of a stock in Real Estate company. b) Investing in mREITs incurs both interest rate and credit risks. c) mREITs investment supports community infrastructure development. d) mREITs in its scope of businesses resemble those of commercial bank loan services