Question 9 You believe you will spend $100,000 a year for 20 years once you retire in 30 years. If the interest rate is 6% per year, how much must you save each year until retirement to meet your retirement goal? Not yet answered Marked out of 5.00 Flag question Select one: a $14,508.20 b. $13,714.20 c. $15,286,20 d. None of the answers Question 10 Which of the following is correct for a bond investor whose bond offers a 5% current yield and an 8% yield to maturity? Not yet answered Marked out of 5.00 Flag question Select one: a. The bond must be a Treasury Inflation Protected Security O b. The bond is selling at a discount to par value. c. The bond has a high default premium. d. The promised yield is not likely to materialize. Which of the followings is not a function of Financial Markets: Select one: Question 11 Not yet answered Marked out of 5.00 Flag question O provides liquidity to investors b. provides interest rate information to investors c. provides risk transfer & diversitication to investors d provides profit seeking opportunity to investors