Exam CSC1 Registration - Latest CSC1 Demo
Exam CSC1 Registration - Latest CSC1 Demo
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It can be difficult to prepare for the CSI CSC1 exam successfully, but with actual and updated Canadian Securities Course Exam 1 (CSC1) exam questions, it can be much simpler. The difference between successful and failed CSC1 Certification Exam attempts can be determined by studying with real CSC1 exam questions.
CSI Canadian Securities Course Exam 1 Sample Questions (Q58-Q63):
NEW QUESTION # 58
What is one at the advantages for the company when shares are publicly listed?
- A. Additional controls on management
- B. Need to keep market participants informed.
- C. Additional disclosure.
- D. Shareholders goodwill
Answer: D
Explanation:
One advantage of public listing is the goodwill generated among shareholders. Public listing enhances the company's visibility, credibility, and reputation, which can attract investors, customers, and business partners.
This goodwill often facilitates access to capital and strengthens the company's market presence.
Study Document References:
* Volume 1, Chapter 12:Advantages of Public Listing, outlining benefits such as goodwill and increased capital access.
NEW QUESTION # 59
Who in a sell-side firm is responsible for structuring new debt issues and bringing them to the primary market?
- A. Investment banker
- B. Sales representative
- C. Portfolio manager
- D. Trader
Answer: A
Explanation:
Aninvestment bankerin a sell-side firm is responsible for structuring new debt issues and bringing them to the primary market. This involves determining the appropriate structure for the debt offering, pricing it based on market conditions, and marketing it to potential investors. Investment bankers play a key role in the capital- raising process for issuers.
References:
* Volume 1, Chapter 1:The Canadian Securities Industry, section on "The Role of Investment Dealers," outlines the roles of investment bankers in the primary markets, including structuring and underwriting securities.
NEW QUESTION # 60
Which bend is the most volatile, assuming the same coupon rate and creditquality?
- A. Six-year bond with two years to maturity
- B. Five-year bond with four years to maturity.
- C. Ten-year bond with three years to maturity.
- D. Seven-yearbond with one year to maturity.
Answer: C
Explanation:
Bond volatility is influenced by duration, which measures sensitivity to interest rate changes. Duration is longer for bonds with:
* Longer original terms to maturity.
* More time remaining until maturity.
In this case, the10-year bond with three years to maturityhas the highest duration among the options, making it the most volatile.
References:Volume 1, Chapter 7 ("Impact of Maturity on Bond Prices").
NEW QUESTION # 61
What is margin in an equity transaction?
- A. interest paid by the client to borrows securities.
- B. Loan that a dealer extends to a client to buysecurities.
- C. Good-faith deposit to ensure the client will make future financial obligations
- D. Amount paid by a client when he uses credit to buy securities
Answer: B
Explanation:
In an equity transaction,marginrefers to the loan that a dealer extends to a client to facilitate the purchase of securities. The client pays a portion of the purchase price (the margin requirement), while the dealer provides the remainder as a loan. This enables clients to leverage their investments and potentially enhance returns, albeit with increased risk.
Other options:
* Amount paid by a client when using credit to buy securities: Describes the margin requirement but does not fully define margin.
* Good-faith deposit to ensure future financial obligations: Refers to initial margin in derivatives trading, not equity transactions.
* Interest paid by the client to borrow securities: Refers to short-selling, not buying on margin.
References:
* Volume 1, Chapter 9:Equity Transactions, section on "Margin Accounts" explains the mechanics of margin trading and loans.
NEW QUESTION # 62
Which group is generally considered aprimary derivative dealer in the over-the-counter markets?
- A. Professional individual investors.
- B. Chartered banks.
- C. Commodity exporters.
- D. insurance companies.
Answer: B
Explanation:
Chartered banks are generally considered primary derivative dealers in the over-the-counter (OTC) markets.
They act as intermediaries and market makers for derivatives like swaps, options, and forwards, facilitating trades between other financial institutions, corporations, and investors.
Their extensive resources, expertise, and regulatory compliance capabilities make them dominant players in the OTC derivatives market.
Study Document References:
* Volume 1, Chapter 10:Primary Derivative Dealers and OTC Markets, explaining the role of chartered banks in derivatives.
NEW QUESTION # 63
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