(Anthony, 26, wants to invest $500 but be able to cash it in anytime without...

IFSE Institute LLQP Question Answer

(Anthony, 26, wants to invest $500 but be able to cash it in anytime without fees and wants capital protection.

What investment should the insurance agent recommend?)

An IVIC consisting of a growth fund with a 100% maturity guarantee.

An IVIC consisting of a bond fund with a deferred sales charge.

A redeemable guaranteed investment certificate.

A market-linked guaranteed investment certificate.

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