a.Which of the following statements is NOT CORRECT?

Select one: a. Stock are considered to yield high returns. b. The profitability of unit trust is slightly higher than that of stock. c. The profitability of investment-linked insurance is comparable to unit trust. d. The profitability features of real property depends on type, location and market timing

b.Mr Shawn has just retired and has RM560,000for his retirement. He decided to place all his retirement fund into fixed deposit and spend RM40,000 per annum during his entire retirement phase. Assuming the banks pays interest of 3.7% annually, how long will his money last? Select one: a. About 188 months. b. About 168 months. c. About 249 months. d. About 229 months.