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CSI Investment Funds in Canada (IFC) Exam IFC Question # 104 Topic 11 Discussion

CSI Investment Funds in Canada (IFC) Exam IFC Question # 104 Topic 11 Discussion

IFC Exam Topic 11 Question 104 Discussion:
Question #: 104
Topic #: 11

An investor deposits $80,000 in a 10-year, segregated fund contract worth $50,000 at maturity; assuming the contract guarantee is set at 75%, how much will the investor be paid (maturity guarantee)?


A.

$30,000


B.

$37,500


C.

$10,000


D.

$22,500


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