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What are the external forces that influence business activities?
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.
Investment
The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.
Strip Bond
A debt security that has had its main components, namely the coupon and the principal, separated to be sold individually as zero-coupon bonds.
Maturity
The set date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.
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