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CSI Canadian Securities Course Exam 1 Sample Questions:
1. What will happen ita country's central government is at risk of defaulting on its debt?
A) Theexchange rate relative to other currencies will remain stable.
B) Lenders will decrease interest rates foreveryone
C) The exchange rate relative to other currencies willincrease
D) Lenders will increase interest rates for everyone
2. Which type of bond allows the issuer to redeem at a specified premium prior to maturity?
A) Acronyms
B) Retractable
C) Callable
D) Extendible
E) Convertible
3. Which investment dealer category do discount brokers belong to?
A) Retail firms
B) Institution firms
C) Boutique firms
D) Integrated firm
4. Billy owns shares of 143 Financing inc, in a discretionary account. He wants to exercise his right to vote at the company's annual general meeting, but will be away on a business trip. Who can vote on Billay's behalf?
A) His dealer as long as there is a signed consent on file
B) His Investment advisor who has discretionary Investment duties
C) Only by Billy
D) Any person whom he has designated Through a proxy
5. What is the main benefit of investing in preferred shares?
A) Higher potential for capital appreciation than common shares.
B) Priority to claim assets ahead of debt holders.
C) Priority to receive fixed dividends ahead of common shareholders.
D) Guaranteed dividend payment.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |



