Solved

For 10-Year Canadian Savings Bonds

Question 12

Multiple Choice

For 10-year Canadian Savings Bonds,


A) the interest rate is guaranteed all the time until its maturity.
B) the interest rate is guaranteed for 5 years and fluctuates with market conditions for the remaining 5 years until its maturity.
C) the interest rate is guaranteed for 1 year and fluctuates with market conditions for the remaining 9 years until its maturity.
D) none of the above.

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