CSC1 Exam Dumps : Canadian Securities Course Exam 1

As the fiscal agent for the federal government, the Bank of Canada provides advice on debt management and issuance strategies, including assessments of capital markets. This role involves managing federal government debt and ensuring efficient market functioning.

References:

Volume 1, Chapter 5:Economic Policyunder "The Role of the Bank of Canada" details the Bank’s fiscal agent role in managing government debt (CSC Volume 1, Chapter 5)​.

TheEnergy sectoris one of the highest-weighted sectors in theS&P/TSX Composite Indexbased on market capitalization. This reflects Canada's resource-rich economy, where energy companies, including oil, gas, and related services, make up a significant portion of the market.

Other options:

Health care: A relatively small portion of the index.

Utilities: Have a smaller weight compared to energy.

Information technology: While growing, it has not surpassed energy in weight within the Canadian market.

References:

Volume 1, Chapter 8:Equity Securities, section on "Canadian Market Indexes" outlines the composition and sectoral weightings of the S&P/TSX Composite Index​.

An option is "in-the-money" when it has intrinsic value:

For aput option, it is in-the-money when the underlying asset’s price isbelowthe strike price, allowing the holder to sell the asset at a higher price (strike price).

Incorrect options clarify the following:

A call option is in-the-money when the underlying asset’s price isabovethe strike price.