QUESTION 28 You have just retired with savings of $1 million. If you expect to live for 31 years and to earn 14% a year on your savings, how much can you afford to spend each year (in $ dollars)? $_ (Assume that you spend the money at the start of each year) QUESTION 29 Suppose a mutual fund that invests in bonds purchased a bond when its yield to maturity is higher than the coupon rate. The investor should expect the band's price tox O be less than the face value at maturity O decline over time, reaching par value at maturity. O exceed the face value at maturity O increase over time, reaching par value at maturity QUESTION 30 The weak form of the efficient market hypothesis implies that No one can achieve abnormal retums using market information. O Insiders, such as specialists and corporate board members, cannot achieve abnormal returns on average O Investors cannot achieve abnormal returns, on average, using technical analysis, after adjusting for transaction costs and taxes O All of above