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A deposit instrument offered by a bank guarantees that investors will receive a return during a 6 - month period that is greater between zero

A deposit instrument offered by a bank guarantees that investors will receive a return during a 6-month period that is greater between zero and 40% of the return provided by a market index.
An investor is planning to put $100,000 into the instrument.
Assuming that the risk-free rate of interest is 8% per annum, the dividend yield on the index is 3% per annum, and the volatility of the index is 25% per annum.
Is the product a good deal for the investor?
Cannot be determined
Yes
No
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