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For tax purposes, how is income from an equity linked GIC held outside of a registered plan treated? a) interest income b) capital gains c)

For tax purposes, how is income from an equity linked GIC held outside of a registered plan treated? a) interest income b) capital gains c) combination of interWhat are the potential risks/drawbacks associated with a principal protected note (PPN)? a) while the principal at maturity is guaranteed, the rate of return on the investment may be zero b) the guarantee of principal is subject to the creditworthiness of the PPN issuer c) typically, PPNs have relatively high fees in exchange for a guarantee of principal at maturity d) all of the above are potential risks/drawbacks associated with a PPNest and capital gains d) non-taxable income

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