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Green Light EXAM | Questions And Answers Latest {} A+ Graded | 100% Verified
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Green Light EXAM | Questions And Answers Latest {} A+ Graded | 100% Verified
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Green Light EXAM | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
Which TWO of the following investors are considered equity owners of a corporation?
Holders of common stock
Holders of warrants
Holders of preferred stock
Holders of rights - Holders of common stock
Holders of Preferred stock
You are a registered representative at a member firm. Which of the following persons are bound by
industry rules when opening an account at another member firm? - Your Spouse and Minor child
A client purchases $800,000 of stock in a margin account and deposits the Regulation T margin
requirement. If the current value of the stock is $700,000 and the broker-dealer declares bankruptcy,
SIPC would cover: - 300,000
A customer has a nondiscretionary account at a broker-dealer. The customer owns 1,000 shares of a
stock that is the subject of a news article detailing an SEC investigation. Which of the following actions is
MOST appropriate for the registered representative to take? - Contact the costumer and ask her to place
an order to sell the securities
Which of the following statements is NOT TRUE regarding dividends?
A growth company normally has a low dividend payout ratio
A stock dividend creates a current tax liability when received
A blue-chip company has a long history of paying dividends
The market price of a preferred stock is influenced by its dividend payout - A stock Divided creates a
current tax liability when received
A corporation is in the 34% tax bracket. Which of the following choices provides the best return if the
corporation wants to invest some of its surplus cash?
, A preferred stock paying a 7.50% dividend
A corporate bond yielding 8%
A common stock yielding 6%
A municipal bond yielding 6% - A preferred stock paying 7.5% dividend
Mr. Smith is short 1,000 shares of ABC Corporation at $100. Mr. Smith enters GTC orders to buy either
1,000 shares of ABC at $95 if it declines, or buy 1,000 shares at $105 stop if it should go up. ABC
Corporation declines to $95 but Mr. Smith is able to buy only 300 shares. The order should be revised to:
Buy 700 at $95 and buy 700 at $105 stop
Buy 700 at $95 and buy 1,000 at $105 stop
Buy 1,000 at $95 and buy 700 at $105 stop
Buy 1300 at 95 and 1300 at $105 stop - Buy 700 at $95 and buy 700 at $105 stop
Duties of the designated market maker on the NYSE include which of the following responsibilities?
1. Maintaining a fair and orderly market in selected securities
2. Appointing floor brokers
3. Resolving trade imbalances
4. Arbitrating disputes between member firms - 1, 3 only
An investor purchases a 20-year 5.30% bond at par value that will yield 5.75% if called at the first call
date in five years. The yield to maturity on the bond is:
5.30%
More than 5.30%
Between 5.30% and 5.75%
5.75% - 5.3%
If a municipal bond has a basis of 5.25, and its coupon rate is 4 3/4%, the bond is selling: - Below par
All of the following statements regarding commercial paper are TRUE, EXCEPT it:
May be placed (sold) by a broker-dealer
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