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

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 3

Who in a sell-side firm is responsible for structuring new debt issues and bringing them to the primary market?

Options :

A : Trader

B : Investment banker

C : Portfolio manager

D : Sales representative

Answer: B

Question 4

What is one at the advantages for the company when shares are publicly listed?

Options :

A : Need to keep market participants informed.

B : Shareholders goodwill

C : Additional controls on management

D : Additional disclosure.

Answer: B

Question 5

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