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a) Retirement planning and estate planning are two main components of managing personal finance of an individual.
1) Explain the importance of retirement planning to an individual?
(5 Marks)
2) Discuss the key steps that must undertake in planning the retirement of any individual?
(5 Marks)
b) Good investors know something about the company before they invest in the companys stock. Discuss
(5 Marks)
c) The higher the ratio of revenues to expenses the more sound the financial health will be. Discuss (5 Marks)
(Total: 20 Marks)
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