Trustworthy CSI CSC1 New Real Exam With Interarctive Test Engine & Newest CSC1 Exam Collection
Trustworthy CSI CSC1 New Real Exam With Interarctive Test Engine & Newest CSC1 Exam Collection
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CSI Canadian Securities Course Exam 1 Sample Questions (Q90-Q95):
NEW QUESTION # 90
What is the likely outcome attheend of a five-year term of a rate-reset preferred share if the issuer does not redeem the shares?
- A. The shareholder exchanges the rate-reset preferredshare for an unsecured bond
- B. The shareholder exchanges the rate-reset preferredshare for a specified number ofcommon shares.
- C. The shareholder exchanges the rate-reset preferred share for a fixed-rate preferred share.
- D. The shareholder exchanges the rate-reset preferred share for afloating-rate preferred share
Answer: D
Explanation:
At the end of the five-year term, if the issuer does not redeem the rate-reset preferred shares, the shareholder can choose to:
* Continue holding the shares at the reset fixed rate.
* Convert them intofloating-rate preferred shareswith rates tied to a benchmark (e.g., prime or LIBOR).
This conversion offers flexibility to the shareholder based on market conditions.
* A. Exchange for a specified number of common shares: Rate-reset preferred shares do not have this feature.
* B. Exchange for a fixed-rate preferred share: The fixed-rate component is reset, not exchanged.
* C. Exchange for an unsecured bond: This is not a feature of rate-reset preferred shares.
NEW QUESTION # 91
What is the action that the CentralBank takes to limitthe impact of increased foreign Interestrates on Interest rates in copyright?
- A. Reduce Interest rales to reduce demand for borrowing.
- B. increase short-term interest rates to maintain the value of currency.
- C. Add a default premium to interest rates to protect lenders.
- D. Decrease interest rate to balance the risk of rising inflation.
Answer: B
Explanation:
When foreign interest rates rise, capital may flow out of copyright as investors seek higher returns abroad. To counter this, the Bank of copyright may increase short-term interest rates to make Canadian assets more attractive and maintain the value of the Canadian dollar. This helps stabilize the exchange rate and reduces the risk of imported inflation.
Such actions demonstrate the central bank's role in managing monetary policy to preserve economic stability and maintain currency confidence.
Study Document References:
* Volume 1, Chapter 5:Monetary Policy and the Role of the Bank of copyright.
NEW QUESTION # 92
Based on market capitalization. which sector of the SSP.'TSX Composite index has one of the highest weightings withinthe index?
- A. Utilities
- B. Health care
- C. Energy
- D. Information technology
Answer: C
Explanation:
TheEnergy sectoris one of the highest-weighted sectors in theS&P/TSX Composite Indexbased on market capitalization. This reflects copyright's resource-rich economy, where energy companies, including oil, gas, and related services, make up a significant portion of the market.
Other options:
* Health care: A relatively small portion of the index.
* Utilities: Have a smaller weight compared to energy.
* Information technology: While growing, it has not surpassed energy in weight within the Canadian market.
References:
* Volume 1, Chapter 8:Equity Securities, section on "Canadian Market Indexes" outlines the composition and sectoral weightings of the S&P/TSX Composite Index.
NEW QUESTION # 93
What is the portion of annual profit held by a company after the payment expenses and the distribution of dividends?
- A. Gross profit
- B. Retained earnings
- C. Share capital.
- D. Comprehensive income.
Answer: B
Explanation:
Retained earningsrepresent the portion of a company's annual profit that is retained and not paid out as dividends. It is used to reinvest in the business or pay down debt.
* B. Comprehensive incomeincludes all changes in equity except those from owner contributions or distributions.
* C. Share capitalrefers to funds raised by issuing shares.
* D. Gross profitis revenue minus the cost of goods sold, not the portion retained.
References:Volume 1, Chapter 11 ("Corporations and Their Financial Statements").
NEW QUESTION # 94
What will happen ita country's central government is at risk of defaulting on its debt?
- A. The exchange rate relative to other currencies willincrease
- B. Lenders will increase interest rates for everyone
- C. Lenders will decrease interest rates foreveryone
- D. Theexchange rate relative to other currencies will remain stable.
Answer: B
Explanation:
When a country's central government is at risk of defaulting on its debt, lenders perceive higher risks and demand higher interest rates as compensation. This results in:
* Anincrease in interest ratesfor borrowing by all entities in the country.
* OptionsA and Bare incorrect because exchange rates usually decline (currency devalues) when default risk rises.
* D. Decrease in interest ratesis the opposite of what happens in such scenarios.
References:Volume 1, Chapter 4 ("Sovereign Risk and Interest Rates").
NEW QUESTION # 95
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