1.Company Alpha C has decided to do reverse split of its common stock of 1 new share for 5 old and its market price is $2 with 5,000,000 outstanding shares. What will be the new amount of outstanding shares in the market place after the aforesaid reverse split?

A. 25,000,000 shares

B. 100,000 shares

C. 1,000,000 shares

D. 5,000,000 shares

2.A Bond quoted as trading at 102, but with a $1,000 per value would mean that:

A. The bond is trading at a discount

B. The bond is trading at a premium

C. The bond is trading at par

D. The investor would pay $1,000 plus any accrued interest interest for each bond

3.Which of the following entities may borrow money from the Canada Pension Plan?

A. Large Municipalities

B. Borrowing from the CPP is not allowed

C. Both provinces and municipalities

D. Canadian provinces, in the form of non-marketable provincial bonds

4.Large Value Transfer System(LVTS) facilitates the payment between major financial institutions. If an institution, at the end of the day, has a deficit versus another, it will:

A. Lend funds to another institutions at the overnight rate to clear its surplus position

B. Lend funds to the Bank of Canada to clear its position

C. Borrow funds from another institution at the overnight rate to clear its deficit position

D. Borrow funds from the bank of canada to clear its position

5.What is the primary advantage of straight convertible preferred shares over other types of preferred shares?

A. The outlook for the common shares

B. The amount of the conversion premium

C, The duration of any extendible privilege

D. The proximity of the call date