- X 60 B Q Final Exam . Requires Respondus LockDown Browser . Webcam 25 28 Question 24 ( point!) 30 Which of the folowing is a common pitconception about the area of Estate Planning? 32 33 it is only for the high net worth it deals with child custody issues 35 36 it does not apply to retirees It deals with bull and bear markets 36 39 Question 25 (1 point) 4) Listen 42 High yield (junk) bond funds focus on risky bonds issued by firms. These funds are most susceptible to what kind of risk? 44 45 V Management risk Exchange rate risk 47 48 Default risk Market fluctuation risk ASUS Vivobook F9 FIO % & 3 4 O W E R T 8 D F H K S X C B N M.- XO @ B Q nal Exam - Requires Respondus LockDown Browser . Webcam Old age security (OAS) 26 27 is a private pension plan O works similar to the CPP 29 30 Is a private pension plan that has a clawback should the retiree have too high an income threshold in retirement 32 33 payments have residency requirements that will determine the retirees benefit amount 35 36 Question 18 (1 point) Listen 39 Which of the following statements is not true? Risk on a DB gian resides with the employer while risk on DC plan resides with the employee 42 DB plans are more predictable when planning for ones retirement income in comparison to DC plans 45 All DB plans are contributory while all DC plans are non contributory DB plans are becoming less common in the private sector while DC plans are 48 becoming more common in the private sector Question 19 (1 point) Saved )Listen ASUS Vivobook F7 FB F9 In % O 5 3 W E R T Y H K S D F C B N M XBrightspace X C | @ B Q Final Exam - Requires Respondus LockDown Browser + Webcam Question 13 (1 point) 26 27 -- 4) Listen In choosing a guardian for your children, you should: 29 30 ensure that the person you select is willing to serve in this capacity. 32 33 authorize this in a power of attorney. -- provide them with instructions of where they are to live. 35 36 be sure to include this in the last letter of instruction. Question 14 (1 point) 38 39 Listen The amount of money you can technically contribute to your RRSP depends on: 41 42 Your age, residency and tax status 14 45 Your length of time on the job Your earned income How much room you have in your TFSA 48 Question 15 (1 point) Listen ASUS Vivobook FB F9 In 12 Jul O 3 W E R F B N MFinal Exam - Requires Respondus LockDown Browser + Webcam 10 11 12 Question 25 (1 point) ) Listen 13 14 15 High yield (junk) bond funds focus on risky bonds issued by firms. These funds are V V most susceptible to what kind of risk? 16 17 18 Management risk Exchange rate risk 19 20 21 Default risk Market fluctuation risk 22 23 24 -- Question 26 (1 point) )Listen 25 26 27 You like the idea of investing in mutual funds, but you hate the idea of paying excessive management fees. As such, which of the following would likely be the best 29 30 investment for you? an exchange traded fund (ETF) 31 32 33 a small capitalization fund an international equity mutual fund a global bond fund ASUS Vivobook F2 F3 F4 CO- F5 F6 F7 F8 F9 FIO # & 3 @ W E R T A S D F G H K Z X C V B N M