Trusted Worldwide Questions & Answers
Most Recent Finra Series-7 Exam Questions & Answers
Prepare for the Finra General Securities Representative ination (GS) exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the Finra Series-7 exam and achieve success.
The questions for Series-7 were last updated on Nov 21, 2024.
- Viewing page 1 out of 80 pages.
- Viewing questions 1-5 out of 400 questions
Which of the following sets of prices is that of a closed-end investment company?
NAV=$28.14 and Asked Price=$27.75. In this case the ask price is less than NAV, which is never true of an open-end investment company.
What type of security is quoted with a bid price of 4.72 and an asking price of 4.68?
US Treasury bill. T-bills are quoted by yield. Therefore, the bid is higher than the asking price. A higher yield means a lower price.
Bubba is concerned about the liquidity of a possible municipal bond purchase. He is therefore probably most interested in the rating supplied by which of the following?
White's. White's ratings are based on trading market data as opposed to the financial data of the issue, which is used by Moody's as well as S&P.
Under the Investment Company Act of 1940, what is the minimum net worth of a registered investment company?
$100,000. This was a considerable amount of money in 1940.
What is the name for the rate of discount from the list price that is paid to a municipal securities underwriting group member for its sales participation?
takedown. The takedown is an additional allowance on bonds sold by a member.
Unlock All Questions for Finra Series-7 Exam
Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits
Get All 400 Questions & Answers