Which of the following criterias are important standards of professional conduct guiding an investment professional?

i. Professionalism

ii. Integrity of capital markets

iii. Duties to clients

a.

i, ii , and iii

b.

i and ii only

c.

ii and iii only

d.

i only

2.

These instruments have the interest and principal characteristics, with the added feature of the option of exchanging them for ordinary shares:

a.

Convertible stock

b.

Common stock

c.

Debenture

d.

Convertible bonds

3.

Which of the following is NOT a fixed income instrument?

a.

Debenture

b.

Treasury bond

c.

Common

d.

Preferred Stock

4.

In a well-diversified portfolio:

a.

market risk is negligible

b.

systematic risk is negligible

c.

no diversifiable risk is negligible

d.

unsystematic risk is negligible

5.

All of the following are examples of careers in investment EXCEPT:

a.

Financial Advisor

b.

Stock Dealer

c.

External Auditor

d.

Financial Analyst

6.

Which statement is described as the road map for the investor?

a.

Investment objective

b.

Investment strategy

c.

Policy statement

d.

Policy risk