Match the term with its definition. Question 68 options: These are an interest-bearing loan to a bank or trust company for a specified term at a specified annual interest rate GICs where the interest rate increases each year you hold it These are money market investments issued by the federal and provincial governments for terms of up to 364 days GICs where returns are connected to the cumulative market returns of a stock index or equity mutual fund over the term 1. T-bills 2. Term deposits 3. Equity linked GICs 4. Escalator GICs

Answer rating: 100% (QA)

1 Tbills These are money market investments issued b... View the full answer