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nne is a retiree who requires regular income to cover essential living expenses. Due to low rates available on GICs, Anne chose to invest in

nne is a retiree who requires regular income to cover essential living expenses. Due to low rates available on GICs, Anne chose to invest in a PPN with an 8% target return and a 5-year maturity that tracks the S&P500 Index. What risk(s) unique to this PPN has she incurred? High risk of capital loss. Variable return. Rollover risk. All of the above.

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