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answer all 29. Benny withdrew $15.000 from his tax-sheltered retirement account. If he pays combined federal and state income taxes at the 30 percent rate,

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29. Benny withdrew $15.000 from his tax-sheltered retirement account. If he pays combined federal and state income taxes at the 30 percent rate, this withdrawal will cost him an extra $ _ in income taxes, and a penalty of $ a) S1500; SO b) SO; 4,500 c) $4,500; $350 d) $4,500; $1,500 30. The full benefit retirement age is_- a) 62 b) 65 c) 67 d) 70 31. Your mutual fund is a no-load fund that had a net asset value of $25.60 last year. Today the NAV is $28.60. During the year dividends of S1.5 were paid out and a capital gains distribution of $0.65 was made. Approximately, what's the yield for your fund? a) $27.3 b) 16.9 percent c) $11.45 d) 18.92 percent 32. The fee that is assessed as a percent of the net asset value of a mutual fund account annually to pay for advertising, marketing, and distribution costs of the fund is called a a) Front-end load. b) 126-1 fee. c) Management fee. d) Contingent deferred sales charge

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