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Listen An investor currently holds $80,000 in a mutual fund. He wants to finance his daughter's university expenses and does not expect to have any

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Listen An investor currently holds $80,000 in a mutual fund. He wants to finance his daughter's university expenses and does not expect to have any money left over once she is finished her schooling. What type of withdrawal plan would he most likely choose? a) A fixed-period withdrawal plan. Ob) A high constant dollar withdrawal plan. c) A low ratio withdrawal plan. d) A contractual withdrawal plan. Page 20 of 36 Listen What would you expect the Bank of Canada to do to interest rates if it sees that intiation has begun to rise to unacceptable leves? a) Allow market participants to determine interest rates. b) Reduce short term interest rate. c) Increase short term interest rates. d) Keep short term interest rates stable, Page 28 of 36 Previous Page Next Page

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