There Is a Group in Town Called "The Killer Tees

question 29

Multiple Choice

There is a group in town called "The Killer Tees," made up of girls who like golf. The leader of the group is MOST likely to be:

• A) Annika, who is the best golfer in the group.
• B) Michelle, who has the most outgoing personality.
• C) Sella, who is the wealthiest person in the group.
• D) Grace, who is the best student in the group.

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Definitions:

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.