PLS HELP ASAP ON BOTH RecordingWhiteboardFlag for RevLucas wants to participate in the Lifelong Learning Program (LLP). He currently has $10,000 in his registered retirement savings plan(RRSP) for this purpose. He plans to make his maximum permitted withdrawal of $10,000 under the LLP in two months. Based on thisinformation, what would be his investment objective for the $10,000 currently sitting in his RRSP?O safety of principalO incomegrowthtax-deferral RecordingChatWhiteboardElag for ReviewSylvia decided to use the savings from her bank account to purchase a 5-year bond. The face value of the bond is $10,000, the marketprice is $9,230 and the coupon rate is 7%.What is the current yield on the bond? Round to 2 decimal places.O 7.00%O 7.25%O 7.58%O 7.75%

Question 2:The current yield on the bond is 7.58%.Explanation:The current yield is a measure of the…

Answered: Recording Whiteboard Flag for Rev Lucas…

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 13PAE

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