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green light Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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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 o...

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  • September 6, 2024
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

green light Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed



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




1|Page | Grade A+| 2024/2025

, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!

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%




2|Page | Grade A+| 2024/2025

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