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12-) The retirement benefit you receive from a defined-contribution plan will be based on Select one: a. a formula that guarantees a set amount to

12-)

The retirement benefit you receive from a defined-contribution plan will be based on

Select one:

a. a formula that guarantees a set amount to support a modest retirement lifestyle.

b. the performance of how you invest your own and your employer's contributions.

c. the performance of how your employer invests the contributions.

d. a certain percentage of your income in the later years of employment.

16-)

A company's earnings are $3/share, its dividend is $2/share, and its stock price is $30/share. Its P/E is

Select one:

a. 10.

b. 6.

c. 15 percent.

d. 15.

17-) How much money to retain in a liquid form and how to allocate funds among short-term investment instruments is called

Select one:

a. liquidity management.

b. money management.

c. credit management.

d. investment management.

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