A. Yvan, aged 64, retired last year. He receives a non-indexed life annuity payment of $2,000 per month. He has an RRSP portfolio made up of the following: $20,000 in a global equity ETF, $40,000 in a Canadian bond segregated fund and $50,000 in GICs. To which of the following risks is Yvan most exposed? • a) Inflation risk. • b) Foreign exchange risk. • c) Liquidity risk. • d) Credit risk.. B. Marcia, aged 32, meets with her life licensed insurance agent, who needs to prepare Marcia's investor profile. To this end, Marcia has brought various documents with her. Which one of the following documents will enable the agent to establish Marcia's total income? • a) CRA Notice of Assessment (NOA). • b) Non-registered investment account statement. • c) Bank statement. • d) Pension plan statement. C. Claire wants to become a life insurance agent while also having another occupation. Out of the following list which occupation would be considered restricted for the purposes of selling life insurance? Select one: a. Real estate broker b. Mortgage broker c. Clergyman d. Securities broker
A. Yvan, aged 64, retired last year. He receives a non-indexed life annuity payment of $2,000 per month. He has an RRSP portfolio made up of the following: $20,000 in a global equity ETF, $40,000 in a Canadian bond segregated fund and $50,000 in GICs. To which of the following risks is Yvan most exposed? • a) Inflation risk. • b) Foreign exchange risk. • c) Liquidity risk. • d) Credit risk.. B. Marcia, aged 32, meets with her life licensed insurance agent, who needs to prepare Marcia's investor profile. To this end, Marcia has brought various documents with her. Which one of the following documents will enable the agent to establish Marcia's total income? • a) CRA Notice of Assessment (NOA). • b) Non-registered investment account statement. • c) Bank statement. • d) Pension plan statement. C. Claire wants to become a life insurance agent while also having another occupation. Out of the following list which occupation would be considered restricted for the purposes of selling life insurance? Select one: a. Real estate broker b. Mortgage broker c. Clergyman d. Securities broker
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Solve for me i request to u solve these Mcqs for me..
A.
Yvan, aged 64, retired last year. He receives a non-indexed life annuity payment of $2,000 per month.
He has an RRSP portfolio made up of the following: $20,000 in a global equity ETF, $40,000 in a
Canadian bond segregated fund and $50,000 in GICs.
To which of the following risks is Yvan most exposed?
• a) Inflation risk.
• b) Foreign exchange risk.
• c) Liquidity risk.
• d) Credit risk..
B.
Marcia, aged 32, meets with her life licensed insurance agent, who needs to prepare Marcia's investor profile. To this end, Marcia has brought various documents with her.
Which one of the following documents will enable the agent to establish Marcia's total income?
• a) CRA Notice of Assessment (NOA).
• b) Non-registered investment account statement.
• c) Bank statement.
• d) Pension plan statement.
C. Claire wants to become a life insurance agent while also having another occupation. Out of the following list which occupation would be considered restricted for the purposes of selling life insurance?
Select one:
a. Real estate broker
b. Mortgage broker
c. Clergyman
d. Securities broker
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