package deal SERIES 79 EXAM 2024 passed

Series 79 SupplementForm 3 - correct answer Individual becomes an insider, filed within 10 days Form 4 - correct answer Corp insider changes holding, filed within 2 business days Form 5 - correct answer Corp insider reports transactions in sec's not in public market, filed within 45 calendar ...

Series 79 QuestionsFor an EGC, when can research be published? - correct answer Immediately after the effective date Can XYZ company preview an equity research report written by an investment bank about itself? - correct answer Equity research may be reviewed by the subject company solely for ver...

Series 79 Practice Exam QuestionsWhen subject to a restricted period under Regulation M, a firm seeking an excused withdrawal must make this request when - correct answer 1 busines day prior to the 1st completed trading session of restricted period When can PIPE shares be resold - correct answer ...

Series 79 Practice Exam 1The role of the specialists (Designated Market Maker) is most closely associated with - correct answer NYSE The NYSE relies on specialists (also referred to as designated market makers) to match buyers and sellers. market makers facilitate trades on the Nasdaq and OTCBB ...

Series 79 MathCurrent Yield - correct answer Annual Interest / Current Market Price Conversion Ratio - correct answer $100 Par Preferred / Conversion Price Parity Price of a Bond (Preferred) - correct answer Stock Price * conversion ratio Parity Price of a Stock (Preferred) - correct answer...

Series 79 Knopman Marksfalling interest rates - correct answer an investor who expects interest rates to fall would want a long duration zero coupon bond bond pricing - correct answer if an issuer is disappointed with the amount raised in a debt offering it could increase the interest rate i.e. +...

Series 79 Knopman Marks deferred tax asset or liability? Acceleration of revenue for accounting purposes - correct answer Deferred tax liability Source or use of cash? Decrease in accrued liabilities - correct answer Use of Cash Source or use of cash? Improvement in net working capital - corr...

Series 79 Key ConceptsWhat is the name for the definitive proxy? - correct answer DEF14A What is the name for the preliminary proxy? - correct answer PRE14A When does preliminary proxy need to be filed to SEC relative to definitive proxy? - correct answer PRE14A must be filed with the SEC at l...

Series 79 Key ConceptsSection 11 DD Defense - correct answer Any untrue statements were believed to be true at the time (prudent man, NO need for attorney comfort letter) Can't be used by issuer and non-consenting accountants Signees on registration statement - correct answer 1. Issuer's CEO...

Series 79 Investment Banking Front-Running - correct answer Trading ahead of client orders Painting the Tape - correct answer Creating a misleading appearance of trading Pegging - correct answer Manipulative activity used to keep a price from falling Capping - correct answer Manipulative a...

Series 79 FormulasCurrent Yield - correct answer Annual Interest / Market Price Conversion Ratio - correct answer Par Value / Conversion Price Parity Price of a Bond - correct answer MV (Stock) x Conversion Ratio Parity Price of a Stock - correct answer MV (Bond) / Conversion Ratio Equit...

Series 79 Flash CardsU5 Form? - correct answer Generated when you quit or resign from a securities firm. Must be reviewed with new employer within 60 days of filing U4 application U4 Form? - correct answer Must be filed to register with any SRO and be filed with the Central Registration Depositor...

Series 79 Exam Review QuestionsA person who has not been registered for the past three years has now become newly registered with another broker-dealer. With regard to Regulatory Element, this representative... - correct answer 1) Must take the appropriate module as if subject the program for the fi...

Series 79 - Solomon - Debt SecuritiesTrust Indenture Act 1939 - correct answer Any Corporation that issues over 5MM over 1 year in Debt Securities must issue under an Indenture or Contract Indenture - correct answer -AKA Contract for Bond issue over 5MM over 1year -Company must appoint outside T...

Series 79 - Rules and Regulations Form U4 - correct answer When registering with a broker-dealer, all RRs are required to complete this Uniform Application for Securities Industry Registration which discloses: 10-year employment history Any felony convictions, convictions for securities-relate...

Series 79 - Questions A person who has not been registered for the past three years has now become newly registered with another broker-dealer. With regard to Regulatory Element, this representative - correct answer Must take the appropriate module as if subject to the program for the first time ...

Series 79 - Practice Exam Qscompanies with public float above 100M and 1M of average daily trading volume have this restriction with share buybacks - correct answer permitted to execute one block trade a week without any volume restriction Which of the following is typically addressed in the inde...

Series 79 - Order the following in terms of credit risk: 1. GSEs 2. Gov't Agency MBS / Treasury securities 3. Private label MBS - correct answer 1. Gov't Agency MBS / Treasury Securities - backed by the full faith and credit of the US gov 2. GSEs (Fannie, FNMA and Freddie, FHLMC) - not backe...

Series 79 - Key Forms and Filings13E-3 - correct answer Going Private, filed concurrently with a tender offer, registration statement, or other privatization document. Form 3 - correct answer Individual becomes corporate insider, filed within 10 business days Form 4 - correct answer Corporate ...

Series 79 - Key Concepts Regulation A/A+ - correct answer - Mini IPO - Form 1A - Offering Circular in place of a prospectus Tier 1 Reg A+ - correct answer Up to $20mm public capital raised per year Tier 2 Reg A+ - correct answer Up to $75mm public capital raised per year Section 4(a)(2) ...

Series 79 - Full EXAM (Missed)A company that has high operating leverage would typically have ________________. Choose the BEST answer. Lower fixed costs Lower debt Higher fixed costs Higher debt - correct answer Higher Fixed Costs A company that has high operating leverage has high fixed c...

Series 79 - Final Exams Part 2Which of these tax-advantaged vehicles is most appropriate for hundreds of investors? Master limited partnership Of the options listed, MLPs are most appropriate for lots of investors as they can do a public offering of stock for example, publicly traded private equ...

Series 79 - Exempt TransactionsRule 144 - correct answer Defines the conditions under which securities that are acquired through an exempt transaction, or are restricted from resale for other reasons, can be sold. Rule 144A - correct answer Makes it easier for companies, both domestic and interna...

Series 79 - Exempt Transactions ( Reg A - correct answer Mini IPO that bypasses SEC reporting and auditing financials - Form 1A - Tier 1: $20 mill size cap (in 12 month period) - Tier 2: $75 mill size cap (in 12 month period) Reg D - correct answer Private Placement -504 - $10 mill (max size...

Series 79 - Chapter 7 Discounted Cash Flow Analysis - correct answer Fundamental valuation methodology derived from the present value of its projected free cash flow (FCF) Free Cash Flow - correct answer Utilized in DCF and derived from a variety of assumptions and judgments about its expected f...

Series 79 - Ch 2 VC - correct answer Funds or wealthy individuals who provide seed capital for new businesses. PE - correct answer Funds or wealthy individuals who provide capital to more established businesses (most amount of ownership given up). PIPE - correct answer Where an existing publi...

Series 79Form 3 + Filing Deadline - correct answer Individual becomes corporate insider (O, D, S/H > 10%). File within 10 days Form 4 + Filing Deadline - correct answer Corp. insider changes holdings. File within 2 biz days Form 5 + Filing Deadline - correct answer Corp insider reports tran...

Series 79Don’t have to register securities if - correct answer 1. securities are exempt 2. Transaction is exempt C Corp - correct answer Big corp Can file to be public Does not pass through gains & losses to shareholders (pays corporate income tax) Anyone can invest Taxed at favora...

Series 79 SEC Rule 14d-10 - correct answer provides for equal treatment of shareholders in a tender offer, and is also called the best price rule. A bidder is required to treat shareholders equally by making the offer open to all of them for the same period, and at the same price. An exception or s...

Series 79Best Efforts Underwriting - correct answer the type of underwriting in which the underwriter sells as much of the issue as possible, but can return any unsold shares to the issuer without financial responsibility. The underwriter is acting as an agent, not a principal Mini-Max Offering -...

Series 79Statutory disqualification - correct answer convicted in the past 10 years of any crime involving funds or securities OR expulsion from an SRO, SEC, CFTC, or any other regulatory agency Waiting period after failing Series 79 - correct answer 30 days for the first and second attempt, 180 ...

series 79what is most useful when valuing divisions of public companies - correct answer EV/EBIT preemptive bid - correct answer A negotiated sale is often initiated by the buyer as a way to preempt an auction. This is called a preemptive bid. If it is based on the value of perceived synergies be...

Knopman Marks Series 79 Class SummaryHow Many Days Before the Definitive Proxy is Filed With the SEC Must the Preliminary Proxy Be Filed with the SEC? - correct answer 10 calendar days PRE14A - correct answer preliminary proxy DEF14A - correct answer definitive proxy When Must the Definitiv...