31.

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?

Common Share	Starting Price	Ending Price	Return
1	$20	$28	40%
2	$10	$12	20%
3	$16	$12	-25%
4	$20	$22	10%
5	$10	$16	60%

Select one:

a. 25%

b. 13%

c. 30%

d. 21%

34. Calculate the overall return on an Index-linked GIC at maturity if the initial index level was 8,000, the ending index level was 12,400, and the participation rate is 30%?

Select one:

a. 12.40%

b. 16.50%

c. 55.00%

d. 30.00%

35.

What is the maximum withdrawal amount for this year for a 67-years old planholder whose RRIF account value is $150,000 in this year?

Select one:

a. $6,521

b. $10,000

c. There is no maximum withdrawal requirement for RRIF

d. $5,000