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CSI CSC1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Features and Types of Fixed-Income Securities | 12% | - Fixed-Income Instruments
|
| Topic 2: Common and Preferred Shares | 13% | - Equity Securities
|
| Topic 3: Financing and Listing Securities | 8% | - Security Issuance
|
| Topic 4: Corporations and their Financial Statements | 8% | - Financial Statement Analysis
|
| Topic 5: Derivatives | 10% | - Derivative Instruments
|
| Topic 6: The Canadian Investment Marketplace | 15% | - Capital Markets
|
| Topic 7: The Economy | 13% | - Macroeconomic Fundamentals
|
| Topic 8: Pricing and Trading of Fixed-Income Securities | 11% | - Bond Markets
|
| Topic 9: Equity Transactions | 10% | - Trading Equities
|
CSI Canadian Securities Course Exam 1 Sample Questions:
What is the role thatthe dealer memberis taking when a client's order for an unlisted security is filled directly from inventory rather than on the exchange?
- A. Over-the-counter agent
- B. Alternative trading system
- C. Clearing agent
- D. Principal
Correct Answer: D 🗳️
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Which activity performed bythe Bank of Canada reflects role as the fiscal agent for the federal government?
- A. Designing and distributing bank notes.
- B. Preserving the value of the Canadian dollar by keeping inflation low
- C. Working with domestic and international regulatory bodies
- D. Providing advice on debt Issuances based on its assessment of the capital markets.
Correct Answer: D 🗳️
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Who in a sell-side firm is responsible for structuring new debt issues and bringing them to the primary market?
- A. Portfolio manager
- B. Trader
- C. Sales representative
- D. Investment banker
Correct Answer: D 🗳️
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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 coupon is higher than 5%.
- B. The current yield is lower than 5%
- C. The current yield is higher man 5%.
- D. The coupon is lower than 5%.
Correct Answer: B 🗳️
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What is one at the advantages for the company when shares are publicly listed?
- A. Shareholders goodwill
- B. Need to keep market participants informed.
- C. Additional disclosure.
- D. Additional controls on management
Correct Answer: A 🗳️
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