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FINRA Updated Series-7 Exam Questions and Answers by alfie-james

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FINRA Series-7 Exam Overview :

Exam Name: Series 7 General Securities Representative Qualification Examination (GS)
Exam Code: Series-7 Dumps
Vendor: FINRA Certification: General Securities Representative
Questions: 400 Q&A's Shared By: alfie-james
Question 20

What is the term applied to a classification of CMO securities having a stated maturity, average life, and estimated yield?

Options:

A.

tranche

B.

tier

C.

bracket

D.

bucket

Discussion
Question 21

What does the bond buyer placement ratio represent?

Options:

A.

the amount of municipal bonds held by banks and insurance companies as a percentage of municipal bonds outstanding

B.

the amount of municipal bonds distributed weekly as a percentage of each week’s new issue accounts of more than $1 million

C.

the amount of municipal bonds offered in the daily Blue List as a percentage of the day’s new issue amounts of more than $1 million

D.

the par value amount of municipal bonds offered in the Blue List as a percentage of the 30 -day visible supply for competitive and negotiated issues

Discussion
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Question 22

Which securities do not receive dividends?

Options:

A.

ADRs

B.

warrants

C.

common stock

D.

preferred stock

Discussion
Question 23

The net asset value of a mutual fund was $9.72 last month. This month it is calculated at $9.85.

What is the change in value called?

Options:

A.

yield

B.

asset revaluation

C.

appreciation

D.

capital gain

Discussion
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