Progress

$19\%$

Multiple Choice

Bill Wilson purchases an EIA when the index is at $450.$ Six years later, a huge market pullback occurs and the index at the matures is only $440.$ What impact will Bill see from this situation?

A$.$ even return of his capital, but no gain

B$.$ loss of capital, plus downward adjustment on posted interest

C$.$ receive base capital plus the guaranteed minimum interest rate

D$.$ reduction in value by the $10-$point loss pro rata

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