Series 7 Bundled Exam Questions Package with Correct Answers

Accretion - Adjustment of the difference between the price of a bond bought at an original discount and the par value of the bond Ad Valorem - Latin Term meaning according to value and referring to a way of assessing duties or taxes on goods or property. Advance Refunding - Sale of New bonds i...

Cash flow analysis - The IRS will generally consider a direct participation program to be an abusive tax shelter unless the program can show a profit motive. A popular method of measuring the economic viability of a DPP is $15 million @8% due in 10 years, callable at 101 - DERF Corporation has ...

The minimum maintenance in a short account is - 30% of the market value or $5 per share (whichever is greater) for stocks trading above $5. For stocks trading below $5, the minimum maintenance is - $2.50 per share or 100% of market value (whichever is greater). Duration measures - a bond's pr...

What information must be disclosed by a broker dealer in a research report? - Any investment banking compensation paid in past 12 months, anticipated price target, if analyst is a director of the company, any ownership in the company held by the analyst or analyst family members. Subordinated...

Series 7 Benchmark UPDATED Exam Questions and CORRECT Answers Principal payments of a collateralized mortgage obligation (CMO) are: A: paid in full as a limp sum at maturity B: paid in equal installments over the life of the CMO C: paid in varying amounts over the life of the CMO D: paid in f...

Series 7 Exam Guide Questions and CORRECT Answers The minimum maintenance in a short account is - Ans 30% of the market value or $5 per share (whichever is greater) for stocks trading above $5. For stocks trading below $5, the minimum maintenance is - Ans $2.50 per share or 100% of market va...

Series 7 UPDATED Exam Questions and CORRECT Answers conversion ratio (aka conversion rate) - Ans The number of shares of common stock per par value amount that a holder would receive following a conversion of a convertible bond or preferred share. (aka conversion (aka conversion rate)rate) E...