Question 7 (1 point) Listen The market value of an investor s portfolio is currently $450,000. The investor requires that the portfolio be worth at least $500,000 in three years' time. Which of the following securities should the investor purchase? A 3-year CDIC-guaranteed GIC with an interest rate of 3% compounded annually. b) A short-term bond mutual fund that has a 3-year compound annual return 4% c) A money market mutual fund with a current yield of 4%. d) A 3-year Government of Canada zero couon bond trading at a price of 90. Previous Page Next Page Page 7 of 13