Canadian Securities Course (CSC) Level 1 Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Canadian Securities Course Level 1 Exam with our comprehensive study tool. Use flashcards and multiple choice questions to hone your skills. Fully understand each topic with hints and explanations. Get ready to excel in your exam!

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What is a foreign-pay preferred?

  1. Shares issued in foreign markets

  2. Dividends paid in foreign currency

  3. Preferred shares issued by international companies

  4. Preferred shares with dividends in foreign funds

The correct answer is: Preferred shares with dividends in foreign funds

A foreign-pay preferred refers to preferred shares that pay dividends in a currency other than the domestic currency of the holder. This means that the dividends are paid in foreign funds, making option D the correct answer. Options A, B, and C are incorrect as they do not accurately describe what a foreign-pay preferred is.

More Questions Like This