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On whose life are the benefits of a segregated fund based? Acronyms

On whose life are the benefits of a segregated fund based? Acronyms

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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On whose life are the benefits of a segregated fund based? Acronyms Calculator A. Annuitant. B. Beneficiary. C. Contract holder. D. Account holder.
Transcribed Image Text:On whose life are the benefits of a segregated fund based? Acronyms Calculator A. Annuitant. B. Beneficiary. C. Contract holder. D. Account holder.
Finis Progress 0 Candidate: SHAR What is the most accurate feature of a Canada Education Savings Grant (CESG)? Acronyms Calculator A. CESG may be earned until the beneficiary is 21 years of age. B. The maximum lifetime CESG per beneficiary is $8,500. C. The maximum CESG per beneficiary is $2,500 annually. D. CESG payments are made directly to the RESP firm.
Transcribed Image Text:Finis Progress 0 Candidate: SHAR What is the most accurate feature of a Canada Education Savings Grant (CESG)? Acronyms Calculator A. CESG may be earned until the beneficiary is 21 years of age. B. The maximum lifetime CESG per beneficiary is $8,500. C. The maximum CESG per beneficiary is $2,500 annually. D. CESG payments are made directly to the RESP firm.
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