Please help with these. I am unsure about the correct ones.

24 Kyle is an insurance agent and he meets with his client Farbod. Farbod, age 59, is planning to retire next year when he turns 60. Farbod wants to know which government retirement benefits he will be eligible for when he retires. When Farbod asks Kyle about Old Age Security (OAS), which of the following answers is CORRECT? When Farbod becomes eligible for OAS, he will receive the benefits tax-free. Farbod cannot receive OAS payments if he leaves Canada. If Farbod decides to delay retirement, he can receive OAS payments while he is still working. Farbod can begin receiving OAS payments as early as age 60. Prev Next View Summary Close Close - exits the exam. 25 Rudy deposits $25,000 into a savings account. Rudy doesn't make any deposits or withdrawals from the account, but a year later, his account balance has increased to $25,250. Inflation for the period is 1.5%. Which of the following statements about Rudy's savings account is CORRECT? Rudy's nominal rate of return is -0.50%. Rudy's real rate of return is 1%. Rudy has earned a capital gain of $250. Rudy has a liquid investment. Prev Next View Summary Close 26 You meet with a prospective client, Katarina, for an investment planning discussion. Although Katarina owns several guaranteed investment certificates (GICs), she is very inexperienced when it comes to investing. Katarina is now interested in segregated funds and you discuss the different features and options available with her. When Katarina asks you about the different types of funds available, which of the following would be the CORRECT response that you should provide to her? One of the main concerns associated with real estate equity funds would be liquidity risk. Money market funds typically invest 50% of their assets in cash or cash equivalents. A "fund of funds" is a mirror of an index which is rebalanced to reflect the stocks in the index. Dividend funds use a passive investment strategy to select companies with guaranteed dividends. Prev Next View Summary Close LIUSE - CALLS the exam. 27 Jean-Pierre has inherited a large sum of money and he meets with his new agent, Claude, to invest. Claude asks Jean- Pierre a number of questions. Claude learns that Jean-Pierre considers charitable giving important and that he believes in the ethical treatment of animals. Which of the following statements correctly describes the conversation between Claude and Jean-Pierre? Claude has completed his review for the investor profile and he is ready to make a recommendation. This is a friendly conversation between Claude and Jean-Pierre which is outside the scope of the meeting about investments. Claude has learned about Jean-Pierre's personal values which may affect his investment decisions. This is personal information that Jean-Pierre has shared with Claude which is separate from his attitude toward investing. Prev Next View Summary Close