Free Practice CSI CSC2 Exam Questions 2025

Stay ahead with 100% Free Canadian Securities Course Exam 2 CSC2 Dumps Practice Questions

Page: 1 / 120

Total 600 Questions | Updated On: Apr 22, 2025

Add To Cart

Question 1

ABC Mutual Fund has total assets of $20,000,000, total liabilities of $2,500,000, and 1,500,000 units outstanding. What is the NAVPS?

A : $12.50.

B : $14.00.

C : $11.67.

D : $13.33.

Answer: C

Question 2

Which of the following is a primary characteristic that differentiates asset-backed commercial paper (ABCP) from standard ABS?

A : ABCP has a maturity of less than one year, whereas standard ABS has longer maturities.

B : ABCP offers higher yields due to its longer maturity compared to standard ABS.

C : ABCP is typically backed by fixed-rate assets, while standard ABS is backed by variable-rate assets.

D : ABCP is secured by long-term investments, unlike standard ABS which is secured by short-term investments.

Answer: A

Question 3

Which of the following is a primary characteristic that differentiates asset-backed commercial paper (ABCP) from standard ABS?

A : ABCP has a maturity of less than one year, whereas standard ABS has longer maturities.

B : ABCP offers higher yields due to its longer maturity compared to standard ABS.

C : ABCP is typically backed by fixed-rate assets, while standard ABS is backed by variable-rate assets.

D : ABCP is secured by long-term investments, unlike standard ABS which is secured by short-term investments.

Answer: A

Question 4

A company unexpectedly announces a new product launch, which leads to an immediate and significant increase in its stock price. An investor who learns about the product launch a few hours later decides to buy the stock, expecting the price to continue rising. However, the price remains stable after the initial surge.Which market theory does this scenario best support?

A : Strong form of Efficient Market Hypothesis.

B : Rational Expectations Hypothesis.

C : Semi-Strong form of Efficient Market Hypothesis.

D : Random Walk Theory.

Answer: C

Question 5

Which of the following statements about Separately Managed Accounts (SMAs) is FALSE?

A : Unlike pooled investment structures, SMAs provide investors with individualized performance reports that reflect the specific securities purchased and sold in their account.

B : The client holds the underlying securities directly, which allows for customized investment exclusions and tax considerations.

C : SMAs can be structured as either single-mandate accounts or multi-mandate accounts, the latter being referred to as Unified Managed Accounts (UMAs).

D : The external portfolio manager, known as a sub-advisor, has discretionary authority over the investments in the client’s account but does not debit or credit securities directly to the account.

Answer: D

Page: 1 / 120

Total 600 Questions | Updated On: Apr 22, 2025

Add To Cart