[question removed by moderator]
Im so confused with this question. why not guaranteed investment return???
Because he sent the organizational chart from 3 months ago which includes the old management team. I agree the guaranteed return is BS but they want you to focus on the fact that the compliance officer signed off on an RFP with on old org chart
I’ve seen some legit investments that guarantee a very low return say 5%. So if they do pay out that 5% then it is not a misrepresentation.
It says the org chart is identical to 3 months ago. Doesn’t say it is the old one. What if there are no changes in the org chart? I would have also selected the “Guaranteed Investment Return” option. Expecting us to assume that the org chart is an old one is crazy. What if we did select that option and then the answer could be “doesn’t mention that the org chart is an old one, but he shouldn’t have given a guaranteed return”!!! Ethics is just annoying…
The investor can give a guaranteed return if it is actually guaranteed. T-bills, T-notes, and T-bonds are riskless so returns can be guaranteed. In this case, there is a guaranteed structured savings product, underwritten by an investment-grade life insurance company, so it is fine.