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)? 5 (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 bond's price to Obe less than the face value at maturity O decline over time, reaching par value at maturity exceed the face value at maturity increase over time, reaching par value at maturity QUESTION 30 The weak form of the efficient market hypothesis implies that O No one can achieve abnormal returns using market information Insiders, such as specialists and corporate board members, cannot achieve abnormal retums on average investors cannot achieve abnormal retums, on average, using technical analysis, after adjusting for transaction costs and taxes All of above