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11. In class we karnt about defined benefit pension plans and a defined contribution pension plans. How will you explain these to your sibling who

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11. In class we karnt about defined benefit pension plans and a defined contribution pension plans. How will you explain these to your sibling who just got a job after his University education? Which of them will you recommend to him and why? 12. Compare and contrast index fund and active fund. Provide rekvant examples of these and explain what their objective is. 13. Endicott Enterprises Inc. has twenty years remaining on Ghe 1,000 par value seminal coupon bonds paying a coupon of Gho40. If the yield to maturity on these bonds is 6% per year, what is the current price? 14. There are several interesting points about the relationship among the coupon rate, market price, and yield to maturity. Briefly explain these relationships

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