Question 1

What is a characteristicof provincial savings bonds that distinguishes them from other provincial bonds?

Options :

A : Theyare backed by provincial assetspledged an security.

B : They can &e purchased only by residents of the province.

C : They can be purchased at any time of the year.

D : They do not have redemption rules.

Answer: B

Question 2

ABT Ltd. is currently trading at $65. An investor buys five ABT July 55 put options for $2each. Ignoring commissions, what price must ABT Ltd. common shares trade at for theinvestor to break even on her put options?

Options :

A : $55

B : $57

C : $53

D : $63

Answer: C

Question 3

What is the settlement date for Government of Canada bones?

Options :

A : One business day after the transaction

B : same day me transaction takes place.

C : Two business days after the transaction

D : Three business days after the transaction.

Answer: A

Question 4

When acting as a principal, how do investment dealers generate revenue?

Options :

A : Through commissions

B : Thrown tracers.

C : Through brokerage changes.

D : Through spreads on buy/sell prices.

Answer: D

Question 5

Where docs primary responsibility for gatekeeping inthe securities industry reside?

Options :

A : With OS FI

B : With the market surveillance Division of CIRO.

C : With the CIRO dealer members and all Their employees

D : With the provincial securities regulators.

Answer: C

Free CSC1 Mock Exam – Practice Online Confidently

Buying Options: