Question 47 (1 point) Depreciation is the loss in value of an Asset and it is a non-recurring cost True False Question 48 (1 point) Which of the following is an attribute of MMMF: Only offered by the big banks and Canadian government Pools funds from both big and small investors Offers yield more than interest rates on savings account Invest funds in high-yield long term securities Question 49 (1 point) Walk Away Lease is called walk away because you can cancel the lease any time by giving back full remaining payments and taking the ownership of asset. True False Question 50 (1 point) Loan-to-Value ratio is the maximum amount/value of the asset, which a person is willing to take as loan: True False Question 51 (1 point) What is Marginal Tax Rate? The Tax that we pay on additional dollar of taxable income The tax we pay on Perishable goods The Tax that we pay on additional purchase of Investment Instruments Question 52 (1 point) Capitalized cost is the total cost for purchasing an asset True False