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Exam Code: CSC1
Exam Name: Canadian Securities Course Exam 1
Updated: Oct 03, 2026
Q & A: 100 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Pricing and Trading of Fixed-Income Securities | 11% | - Price-yield relationship - Trading and settlement processes - Valuation and pricing methods |
| Topic 2: Equity Transactions | 10% | - Margin and short selling - Trading mechanics and regulations - Order types and execution |
| Topic 3: Common and Preferred Shares | 13% | - Valuation and classification - Dividends and corporate actions - Equity features and rights |
| Topic 4: Features and Types of Fixed-Income Securities | 12% | - Types of fixed-income instruments - Characteristics, risks and benefits - Government and corporate bonds |
| Topic 5: Financing and Listing Securities | 7% | - Listing requirements and rules - Primary market and issuance process |
| Topic 6: The Economy | 13% | - Macroeconomic principles and indicators - Impact of economic factors on investments - Monetary and fiscal policy |
| Topic 7: Regulation and Ethics | 8% | - Industry regulations and compliance - Code of conduct and ethical standards - Client suitability and disclosure |
| Topic 8: The Canadian Investment Marketplace | 16% | - Market participants and roles - Structure of Canadian financial system - Regulators and self-regulatory organizations |
| Topic 9: Derivatives | 10% | - Uses, risks and basic strategies - Options, futures and forwards |
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?
Correct Answer: B 🗳️
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What is the settlement date for Government of Canada bones?
Correct Answer: C 🗳️
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Assume the Government of Canada issues new fixed-incomesecurities with an original term to maturity sixmonthsthat does not pay interest, which type of fixed-income securities were issued?
Correct Answer: C 🗳️
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What is the likely outcome attheend of a five-year term of a rate-reset preferred share if the issuer does not redeem the shares?
Correct Answer: D 🗳️
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An investor feels unfairly treatedby a stockbroker regarding a setof transactions. After a discussion of the situation Between the investor and the member, the investor and the member, the investor is still dissatisfied.
What is the best requestthat the investor could make to seek compensation?
Correct Answer: D 🗳️
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