Series-7 Exam Dumps - FINRA General Securities Representative Questions and Answers

determined by a method set forth in the prospectus of the issuer. The method is described in the prospectus. It uses the net asset value plus any sales charge

Series EE bonds. Import-Export bank bonds and Farm Credit System bonds are not direct obligations of the United States.

$3,000. The purchase requires $5,000 ($10,000 x 50%). Since the existing SMA is $2,000 Bubba only needs to deposit the remaining $3,000.

all of the above. Each of these investments qualify for a retirement plan or an IRA.

long one put and short one call. This is a short straddle. A position that is long one put and long one call is a long straddle.

income, dividend, and capital gain distributions may be automatically used to purchase new shares of the fund. The new purchases are at the ask price, not the bid price.

6.49%. Divide the discount from par value of $150 ($1,000 - $850) by the number of years to maturity (15) to determine the annual discount. Add the result of $10 to the annual interest ($50) to determine the total annual return. Divide the result of $60 by the average of the current price (85) and par (100). The result is 60 divided by 92.5, which equals 6.49%.

90 days. Interest accrues from the coupon date to the settlement date. A regular way purchase on April 12 will settle on April 15. corporate bonds are figures on 30-day months, regardless of the actual number of days in the month. The year is considered 360 days. Therefore, interest is calculated for 16 days in January plus 30 each for February and March plus 14 for April.

an offering scale of serial maturates. The scale is set by the successful bidder.

all of the above. All of the choices are normal ways for the broker to fill the customer’s order.