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Reference: https://www.csi.ca/en/learning/courses/csc
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CSI Canadian Securities Course Exam2 Sample Questions:
A fixed-rate bond was originally priced at $100 and paid $5 per year in interest. Currently, the bond is trading at $102.75. What is the impact on the current yield of coupon of the bond as a result of the change in price?
- A. The current yield is lower than 5%
- B. The coupon is higher than 5%.
- C. The coupon is lower than 5%.
- D. The current yield is higher man 5%.
Correct Answer: A 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
What is typically discussed during the establishment of the client-advisor relationship step?
- A. By what means does the client prefer to communicate with the advisor.
- B. The client ' s investment goals.
- C. The current financial and personal status.
- D. What services will the advisor provide.
Correct Answer: D 🗳️
If the government wants to stimulate the economy through fiscal policy, what action should it take?
- A. Decrease taxes and increase spending
- B. Increase spending and money supply
- C. Decrease interest rates and increase money supply
- D. Decrease taxes and interest rates
Correct Answer: A 🗳️
The consumer price index was 125.9 in December of last year and 123.0 in December of the year before What was the inflation rate last year?
- A. 2.36%
- B. 1.02%
- C. 2.30%
- D. 0.98%
Correct Answer: A 🗳️
Explanation: Only visible for Pass4Leader members. You can sign-up / login (it's free).
Which ratio, when showing a decreasing trend, suggests declining operating efficiency?
- A. Debt/equity
- B. Price-earnings
- C. Return on common equity
- D. Dividend payout
Correct Answer: C 🗳️
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