CSI Canadian Securities Course Exam 1 - CSC1 Exam Practice Test

A. Can trade on an exchange or over-the-counter market.

B. The buyer must pay theseller a feewhen the contract is entered Into.

C. Both parties to me contract must participate in The future Trade.

D. Parties are unable to offset the contract prior to expiration.

A. Current short-term interest rates foreshadow future long-term rales.

B. The yield curve represents me supply ofand demand tot bones of various terms, which ace primarily influenced by the bigger payers In each sector

C. investors buying a single long-term bond should be earning the same amount of interest as they would by buying two short-term bonds of equal combined duration.

D. Investors prefer short-term bonds because they are more liquid and less volatile in price

A. Sinking funds can redeem bonds only if they trade below a stipulated price while purchase runes do not have such a requirement.

B. Sinking funds involve the issuer determining when bonds are redeemed while purchase funds Involve the investor determining when the bonds are redeemed.

C. Sinking funds have mandated redemptions while purchase funds can redeem only upon certain market conditions.

D. Sinking funds can redeem fie bones any time while purchase funds follow a prearranged schedule.

A. The investor will incur a loss equivalent lo the difference be-ween the purchase and sale price.

B. The Investor must provide additional funds to cover the price difference

C. The investor has access to additional funds from the account available for withdrawal.

D. The investor must immediately pay interest on the excess margin amount

A. Hall in trading.

B. Delisting

C. Delayed opening

D. Suspension in trading

A. An investment boutique

B. An integrated firm

C. A self-director broker

D. A full-service broker

A. The clearing corporation is responsible for setting an transactions according to each exchange's book of record.

B. The clearing corporation is responsible for settling all transactions according to each dealer's book of record.

C. The exchange is responsible for settling ad transactions according to each dealer's book of record.

D. The exchange is responsible for settling all transactions according to each exchange's book of record.

A. Proffered shares

B. Provincial saving bond

C. Common shares

D. Exchange-traded fund.

A. The costs for issuing preferred shares are usually kwh than debt.

B. Existing assets have excess financing capacity to justify the issue of preferred shares.

C. The preferred dividend rate usually varies with the market interest rates

D. issuing preferred shares would reduce the amount of leverage.

A. $10.20

B. $10.75

C. $10.70

D. $10.29