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| Section | Objectives |
|---|---|
| Fixed Income Securities | - Debt instruments
|
| Equity Securities | - Common and preferred shares
|
| Canadian Financial Markets and Economic Environment | - Economic fundamentals
|
1. What is unique to responsible investment?
A) A combination of a values and valuation-based approach to investing
B) It bases investment decisions exclusively on environmental factors.
C) It is unavailable with certain asset classes like segregated fundi
D) ESG factors are standardized across the investment no industry.
2. Using the Moody's long-term rating scale, which rating is best suited for an obligation that is not yetin default, out is considered speculative andsubject to very high credit risk?
A) Ba
B) C
C) Caa
D) B
3. What is one key feature of futures?
A) Parties are unable to offset the contract prior to expiration.
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) Can trade on an exchange or over-the-counter market.
4. Haw are retail stock and bond transactions settledon a daily basis amongdealers?
A) The exchange is responsible for settling all transactions according to each exchange's book of record.
B) The clearing corporation is responsible for setting an transactions according to each exchange's book of record.
C) The clearing corporation is responsible for settling all transactions according to each dealer's book of record.
D) The exchange is responsible for settling ad transactions according to each dealer's book of record.
5. Anwar is placing a market order to purchase 100 shares of AJLwhen the bid/ask is $10.25."$ 10.75. Before the trade is complete, the bid/ask moves to $10.207S1Q70. Whatis the share pricethat Anwar will pay on the purchase transaction?
A) $10.75
B) $10.70
C) $10.29
D) $10.20
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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