Under the Revised Corporation Code of the Philippines (RA 11232), which right allows an existing stockholder to subscribe to new shares issued by the corporation in proportion to their current holdings before they are offered to the public?
Ph Sec Fundamentals
Question · Easy
What class of shares is created primarily for the purpose of granting exclusive voting rights to the organizers of a Philippine corporation for a limited period not exceeding five years?
Chapter 1: Corporate Structure & Capital Stock
1.1 Philippine Corporate Formation and Capital Structure
Study guide
In the Philippine capital markets, which of the following is an open-end investment company that continuously issues and redeems its shares at Net Asset Value Per Share (NAVPS)?
Open Exam Prep Podcast
Listen on Spotify
Podcast
Under the Real Estate Investment Trust (REIT) Act of 2009 (RA 9856) of the Philippines, what minimum percentage of its distributable income must a REIT distribute as dividends to its shareholders annually?
Which of the following yields is calculated by dividing the annual coupon payment of a bond by its current market price?
Under the Revised Corporation Code of the Philippines, in which of the following corporate actions does a dissenting stockholder NOT have the appraisal right?
Question · Medium
1.2 Common and Preferred Shares
Which corporate shares have been issued as fully paid but are subsequently reacquired by the corporation through purchase, donation, or other lawful means?
If a Philippine corporation has 1,000,000 outstanding common shares, generated a net income after tax of PHP 5,000,000, and paid PHP 1,000,000 in preferred dividends, what is the Earnings Per Share (EPS) for the common stockholders?
An investor purchases a corporate bond with a par value of PHP 10,000 and a 6% coupon rate at a market price of PHP 9,500. What is the current yield of this bond?
Which of the following capital market products represents an ownership interest in a pool of real estate assets and is legally structured as a stock corporation that must be listed on the Philippine Stock Exchange?
1.3 Stockholder Rights and Corporate Actions
What is a key difference between Treasury Bills (T-Bills) and Treasury Bonds (T-Bonds) issued by the Bureau of the Treasury (BTr) in the Philippines?
If a publicly listed Philippine corporation has common shares trading at PHP 45.00, and its trailing Earnings Per Share (EPS) is PHP 3.00, what is the Price-to-Earnings (P/E) ratio of this stock?
Which of the following is a debt security that allows the holder to convert the debt instrument into a specified number of common shares of the issuing corporation at a predetermined price?
A corporate investor holds 10,000 common shares of a Philippine stock corporation. The corporation proposes to amend its articles of incorporation to change its corporate purpose from manufacturing to real estate development. The investor votes against the change. What is the statutory recourse of this investor under the Revised Corporation Code?
Question · Hard
1.4 Corporate Debt and Fixed Income Instruments
A preferred stock issue in the Philippines is described as 'cumulative and participating.' What does this mean for the preferred shareholder regarding dividend distributions?
Which Philippine government body is responsible for registering securities, licensing market professionals, and regulating the capital markets?
Ph Sec Economics
What is the primary indicator used by the government and economists to measure the rate of inflation in the Philippines?
Which monetary policy tool is used by the Bangko Sentral ng Pilipinas (BSP) to dictate the minimum percentage of deposits that banks must keep in vault or on deposit with the BSP?
Chapter 2: Financial Markets and Securities Products
2.1 Money Market and Capital Market Instruments
If an investor deposits PHP 10,000 in a Philippine bank account that pays a simple interest rate of 4% per annum, how much interest will the investor earn at the end of 3 years?
Under BSP guidelines, what is the maximum deposit amount insured by the Philippine Deposit Insurance Corporation (PDIC) per depositor, per bank?
Which of the following describes the difference between fiscal policy and monetary policy in the Philippines?
If the Bangko Sentral ng Pilipinas (BSP) raises its benchmark policy interest rate (the overnight reverse repurchase rate), what is the most likely macroeconomic impact on the Philippine economy?
2.2 Collective Investment Schemes and Funds
Which of the following is an example of an expansionary monetary policy action by the Bangko Sentral ng Pilipinas (BSP)?
An open-end investment company in Manila has total assets of PHP 50,000,000, total liabilities of PHP 5,000,000, and 900,000 outstanding shares. What is the Net Asset Value Per Share (NAVPS) of this fund?
What is the compounding frequency convention for treasury bonds (T-Bonds) issued in the Philippine domestic market?
How does a rise in the country's Gross Domestic Product (GDP) growth rate typically influence the Philippine capital markets?
2.3 Philippine Stock Exchange (PSE) Structure and Trading
If the inflation rate in the Philippines is higher than the nominal interest rate offered on a bank savings account, what is the impact on the saver's purchasing power?
An investor is evaluating a project that requires an initial outlay of PHP 1,000,000. It is expected to generate a cash inflow of PHP 450,000 at the end of Year 1, and PHP 700,000 at the end of Year 2. If the investor's required rate of return (discount rate) is 10%, what is the Net Present Value (NPV) of this project?
During a period of stagflation in the Philippines, what macroeconomic conditions are simultaneously present in the domestic economy?
A local company issues a 5-year corporate bond with a par value of PHP 10,000 and an 8% coupon paid annually. If market interest rates (yields) for similar risk profile bonds immediately rise to 10%, what will happen to the market price of the bond?
2.4 Real Estate Investment Trusts (REITs) and Asset-Backed Securities
What is the primary governing legislation that regulates the registration, sale, and trading of securities in the Philippines?
Ph Sec Regulation
Under the Securities Regulation Code (SRC) of the Philippines, what is the default rule regarding the sale of securities to the public?
Which of the following is an example of an exempt security under Section 9 of the Securities Regulation Code (SRC) that does NOT require SEC registration?
Under the Securities Regulation Code, which market professional is defined as an employee of a broker-dealer who is licensed to buy and sell securities for the accounts of clients?
Chapter 3: Macroeconomic Principles and Monetary Policy
3.1 Gross Domestic Product, Inflation, and Business Cycles
Which practice involves executing transactions where there is no change in the beneficial ownership of the security, solely to create a false or misleading appearance of active trading?
Under the SEC rules, which corporate report must be filed annually by publicly listed companies to report their financial performance and operations?
Under Section 10 of the Securities Regulation Code (SRC), which of the following is considered an exempt transaction that does NOT require SEC registration?
What is the definition of an 'insider' under Section 3.8 of the Securities Regulation Code (SRC) of the Philippines?
Loading more…