Question: Your client Steve invests in a stock basket-linked principal-protected note (PPN) based on a basket of five common shares in which the performance of any

Your client Steve invests in a stock basket-linked principal-protected note (PPN)

Your client Steve invests in a stock basket-linked principal-protected note (PPN) based on a basket of five common shares in which the performance of any one share is capped at 30%. Given the table below, what is Steve's overall return? Select one: a. 30% b. 25% c. 21% d. 13%

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