What personal information must be obtained from clients opening a non-registered account?
* Date of birth
* Social insurance number
* Permanent address
* Full legal name

• A.1 and 4
• B.1 and 2
• C.3 and 4
• D.2 and 3

Comment: *

Name: *

Email: *

Verification: *

Based on the financial planning pyramid, what security would be appropriate for a very aggressive investor?

• A.Commodities
• B.Tax shelters
• C.Foreign stocks
• D.Over the Counter (OTC) Securities

Comment: *

Name: *

Email: *

Verification: *

Pippa purchased a 15-year bond with a face value of $5,000 and a 7% coupon rate at the time of issuance. The bond is due to mature later this year. The general interest rate climate remained stable for the first 13 years of the bond's term. However, especially over the past 18 months, both inflation and general interest rates have increased more than expected.
What is Pippa likely to experience from her bond?

• A.With the unanticipated rise in inflation, Pippa will benefit from a higher real rate of return as well.
• B.Due to inflation, Pippa will experience a capital loss once her bond reaches maturity.
• C.The return of investment capital will have lower purchasing power than prior to investing.
• D.With capital appreciation at 7% annually, Pippa's capital gain will be reduced by inflation at maturity.

Comment: *

Name: *

Email: *

Verification: *

Which money market fund yield is calculated as the most recent seven-day yield?

• A.Current
• B.Nominal
• C.Duration
• D.Effective

Comment: *

Name: *

Email: *

Verification: *

The following data is available for an investment:
Purchase value
$125
End of the year value
$133
Quarterly dividend amount
$1
What is the annual return for this investment if held for one year?

• A.7.2%
• B.9.6%
• C.3.2%
• D.9.0%

Comment: *

Name: *

Email: *

Verification: *