1. The individual performance of the plan investments for which of the following qualified plans will affect the final amount the employee will actually receive?
1. Target benefit plan.
2. Cash balance pan.
3. Profit sharing plan.
A. 3 only
B. 1 and 2
C. 1 and 3
D. 1, 2, and 3
2. Company "A" plans to sell convertible bond to investors. If their current non convertible bonds are sold with a coupon rate of 9%, then their convertible bonds will carry a coupon rate.
A) less than 9%
B) more than 9%
C) equal to 9%