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Questions and Answers
What is the primary function of an investment dealer?
What is the primary function of an investment dealer?
- To provide research and analysis to clients
- To manage investment portfolios
- To act as a financial intermediary and facilitate buying and selling of securities (correct)
- To provide financial advice to clients
Which of the following is NOT a characteristic of a fixed-income security?
Which of the following is NOT a characteristic of a fixed-income security?
- Capital appreciation (correct)
- Return of principal
- Regular interest payments
- Liquidity
What is the main objective of monetary policy in Canada?
What is the main objective of monetary policy in Canada?
- To control inflation (correct)
- To promote economic growth
- To reduce interest rates
- To regulate the banking system
What is the role of the Bank of Canada in monetary policy?
What is the role of the Bank of Canada in monetary policy?
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What is the purpose of a sinking fund in a bond issue?
What is the purpose of a sinking fund in a bond issue?
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What is the primary benefit of diversification in a portfolio?
What is the primary benefit of diversification in a portfolio?
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What is the main advantage of an exchange-traded fund (ETF)?
What is the main advantage of an exchange-traded fund (ETF)?
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What is the primary objective of modern portfolio theory?
What is the primary objective of modern portfolio theory?
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What is the primary benefit of a mutual fund?
What is the primary benefit of a mutual fund?
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What is the role of the Canadian Securities Administrators?
What is the role of the Canadian Securities Administrators?
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