36-)

Given the bank rate of 3.5%, and investment A that will pay 10%. What is the risk premium?

Select one:

a. 0 percent

b. 6.5 percent

c. 13.5 percent

d. 7.5 percent

39-)

Whole life insurance has a premium that

Select one:

a. declines.

b. is variable.

c. is fixed.

d. increases.

40-)

When considering your goal of retirement the best strategy is to

Select one:

a. pay off large purchases before opening an RRSP.

b. ensure that you have enough cash flow to save in an RRSP.

c. expect CPP and OAS to look after most of your retirement needs.

d. rely on your employers pension plan.