FINRA Series-7 - Series 7 General Securities Representative Qualification Examination (GS)
Bubba buys one XYZ June 40 call for $1,000 and sells one XYZ March 40 call for $600. Subsequently, the June call is closed for $1,200 and the March call for $900.
What is Bubba’s net result?
Which of the following may occasionally be purchased at a discount from net assets value?
Bubba has not existing positions in his account and writes 1 XYZ July 60 put and 1 XYZ July 60 call.
What is this position called?
The FINRA Conduct Rules permit a transaction made “seller’s option†to be delivered earlier than the expiration of the contract if:
Under Regulation T, when must money be deposited to cover requirements for Bubba’s new purchases on margin?
A financial institution requesting a quote on a block of 100 bonds from a dealer in government securities receives a quote of 98.02 bid, 98.06 asked.
What is the dollar amount the institution will receive if the financial institution sells these bonds to the dealer?’’
Which of the following is an analyst most likely to classify as a defensive issue?
Call loans made by banks to broker/dealers are generally for the purpose of which of the following?
What expression is used to describe the application of income and revenues derived from the operation of a facility financed from proceeds of a revenue bond?
A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.
How many rights will the corporation distribute to its shareholders?
