A(n)____ Guarantees the Owner a Fixed or Floating Interest Rate

question 103

Multiple Choice

A(n) ____ guarantees the owner a fixed or floating interest rate for predetermined period of time with full return of the initial amount invested.

• A)guaranteed investment contract (GIC)
• B)unit investment trust
• C)index fund
• D)mortgage-backed fund

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Definitions:

Industrial-Organizational Psychologists

Psychologists who apply psychological theories and principles to workplace environments, aiming to improve productivity, working conditions, and employee well-being.

Workforce

The total number of a country's population employed in the armed forces and civilian jobs, plus those unemployed people who are actually seeking paid work.

Evolutionary Heritage

The traits and characteristics that have been passed down through generations as a result of evolutionary processes.

Human Tendencies

Innate or universal patterns of behavior typically observed across the human species.