In a defined benefit superannuation fund: TI Select one: O a. if the funds in the plan exceed the promised amount, the excess remains with the issuing firm or institution O b. the employee is promised a set benefit based on salary and years of service C. all of the earnings taxes are paid by the employee O d. the superannuation benefit varies depending on how well the plan's investments have performed ige Next page The Reserve Bank of Australia is responsible for Select one: a. overall systemic stability and liquidity of the financial system O b. managing the licences of foreign exchange traders O c. overall systemic stability, the payments system and the conduct of monetary policy O d. trading the other side of all bond transactions age The present value of $450,000 payable in 110 days at 4.20% per annum simple interest is: Select one: O a. $455,614.26 O b. $444,454.92 O c. $5,695.89 O d. $444,375.30 10 BI