Ilka invests $90,000 in the PTO American Growth Segregated Fund with a maturity guarantee of 75%. PTO

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Ilka invests $90,000 in the PTO American Growth Segregated Fund with a maturity guarantee of 75%. PTO Insurance Company becomes insolvent and Ilka makes a claim for investor protection coverage. What amount will Ilka receive?
a)		$57,375
b)		$60,000
c)		$67,500
d)		$90,000

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Financial Markets and Institutions

Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders , Marcia Cornett

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Posted Date: Oct 30, 2020 11:04 AM

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