Question
1. Defined contribution plans hold more __________ and less __________ as a percent of assets than defined benefit plans. a. Municipal bonds; equities b. Fixed
1. Defined contribution plans hold more __________ and less __________ as a percent of assets than defined benefit plans.
| a. | Municipal bonds; equities | |
| b. | Fixed income securities; equitie | |
| c. | Government securities; mutual funds | |
| d. | Equities; fixed income securities |
2. Most public pension funds are
| a. | Overfunded | |
| b. | Underfunded | |
| c. | Fully funded | |
| d. | Defined contribution |
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
