RSE試験無料問題集（122題）「CIRO Retail Securities 認定」

出題：1

A Registered Representative (RR) is managing a client's portfolio and learns about a high-risk investment opportunity that could yield substantial returns. However, the Representative fails to inform the client about the potential downsides of the investment and proceeds with the transaction. Which duty has the Representative failed to uphold?

A. Duty of care

B. Duty of confidentiality

C. Duty of loyalty

D. Duty to disclose

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：2

Which of the following best summarizes the disclosure requirements for a prospectus?

A. The company's potential returns for the investment

B. The company's business plan, 10-year financial projections and proprietary technology

C. The company background, management, finances, risks and future plans

D. The company's marketing strategy and customer demographics

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：3

A five-year bond has a face value of $1,000, an annual coupon of $60 and a market price of $950. Using the approximate yield-to-maturity formula, what is the bond's approximate yield to maturity?

A. 6.00%

B. 7.18%

C. 7.89%

D. 11.58%

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：4

A Registered Representative posts on a personal social-media account that a particular fund is "guaranteed to earn at least 15% next year." The message was not reviewed through the Dealer's approved communication process. What is the primary compliance concern?

A. The only concern is whether the post receives client comments

B. The statement is acceptable because it appears on a personal account

C. The communication may be misleading, unapproved and improperly maintained outside firm channels

D. The statement is acceptable if the RR genuinely expects a 15% return

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：5

An investor is choosing between two bonds: Bond A with a term to maturity of 2 years and Bond B with a term to maturity of 10 years. If interest rates are expected to rise sharply next year and assuming all other things are equal, which bond should the investor select to minimize interest rate risk?

A. Bond B, because its longer term avoids rate fluctuations

B. Bond A, because its shorter term reduces exposure to rate changes

C. Bond B, because its longer term locks in current rates

D. Bond A, because its shorter term provides higher yield potential

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：6

How does asset class selection for an investment portfolio affect liquidity risk?

A. To avoid liquidity risk, all assets in a portfolio should be short-term and traded on a secondary market

B. Liquidity risk is specific to fixed-income securities and has little impact on equity investments

C. A diversified portfolio with a mix of liquid and illiquid assets helps improve returns while reducing liquidity risk

D. Investing in private securities generally provides more liquidity than investing in publicly traded stocks

正解：C 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

What primary advantage do participating preferred shares provide over straight preferred shares in terms of potential returns?

A. They provide additional dividends when company profits exceed a set threshold, increasing investor returns

B. They offer more predictable dividend payments than common shares, reducing income uncertainty

C. They provide voting rights in corporate decisions, allowing shareholders more influence over management

D. They have the highest claim on assets in case of liquidation, ensuring stronger financial protection

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

A company wants to raise capital but prefers to delay equity dilution while still attracting investors interested in potential ownership. Which type of bond is most suitable?

A. Convertible bonds

B. Sinking fund bonds

C. Extendable bonds

D. Callable bonds

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：9

An investor is considering purchasing a preferred share that provides a fixed dividend for an extended period, with no set maturity date. Which type of preferred share best meets the investor's considerations?

A. Perpetual

B. Participating

C. Callable

D. Convertible

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

RSE試験無料問題集「CIRO Retail Securities 認定」