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Wedding cake deposit

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Wedding cake deposit
A type of Range Deposit where there is an inner Range and one or more outer ranges. The payout from the product is at its maximum when the Underlying remains in the inner Range, and this is reduced successively when the Spot reaches each outer Range. This product is suitable for investors who have a Range-bound view, and want to take less Risk.
Posted by  Privatebanking.com
 
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