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CSI Canadian Securities Course Exam 1 Sample Questions:
1. TDF Dealer's liability desk purchases 5,000 shares of a stock with a market order at $15 bid, $15.20 ask. The desk later sells the shares with a market order at $15.25 bid, $15.40 ask. What is TDP Dealer's gain on the trades?
A) $2,000.
B) $1,250
C) $250.
D) $1, 000.
2. What is unique to responsible investment?
A) A combination of a values and valuation-based approach to investing
B) It is unavailable with certain asset classes like segregated fundi
C) ESG factors are standardized across the investment no industry.
D) It bases investment decisions exclusively on environmental factors.
3. On what basis are government securities awarded atthe auction average yield?
A) Non-competitive lender.
B) Open market
C) Dealer market system
D) Schedule III banks
4. The principleof retraction in retractable preferredshares is identical to what other security?
A) Retractable common shares
B) Redeemable preferred shares.
C) Callable preferred shares.
D) Retractable bonds and debentures
5. What action must an investment advisor take when submitting a trade ticket for a short sale?
A) Mark the sell-order ticket as a short sate
B) Obtain minimum margin amount from client
C) Verify the client canborrow the shares.
D) Mark it as a margin order
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
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