CSC - Canadian Securities Course Practice Test
CSC CSC - Canadian Securities Course Alternative Investments and Structured Products Questions and Answers 2
What is a principal-protected note (PPN)?
Select your answer
A
A government bond that guarantees both principal and interest payments
B
A structured product that guarantees return of the investor's original capital at maturity while providing exposure to an underlying asset's upside
C
A type of savings account insured by the Canada Deposit Insurance Corporation
D
A corporate bond with a floating interest rate tied to the prime rate
Hint