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Giba invested $125,000 in a segregated fund with a 75% maturity guarantee. The insurer that sold the segregated fund became insolvent and was unable to
Giba invested $125,000 in a segregated fund with a 75% maturity guarantee. The insurer that sold the segregated fund became insolvent and was unable to pay Giba when the fund matured. At the time of maturity, Giba’s investment had a market value of $66,000.
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Human Resources In Healthcare Managing For Success
Authors: Bruce Fried, Myron D. Fottler
3rd Edition
1567932991, 978-1567932997
