Series 65 Practice Exam || A+ Guaranteed. Unit 8.6 The Securities Exchange Act of 1934 (Series 65) || Questions and 100% Accurate Answers. UNIT 22 series 65 trading securities || with Error-free Solutions. TRICK QUESTIONS SERIES 65 || with Error-free Solutions. TestGeek Midterm Series 65 Questions ...
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A financial profile should include an assessment of the client's: correct answers Current expenditures debt obligations tax status income sources balance sheet containing the client's assets, including: cash, cds, savings, real estate, value and composition of securities, pension and ...
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Add to cartA financial profile should include an assessment of the client's: correct answers Current expenditures debt obligations tax status income sources balance sheet containing the client's assets, including: cash, cds, savings, real estate, value and composition of securities, pension and ...
Individual account correct answers An account for a natural person, a trust or deceased person through an estate account Investment Policy Statement correct answers A written statement of objectives and investment strategies for a client account Account holder correct answers The only person w...
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Add to cartIndividual account correct answers An account for a natural person, a trust or deceased person through an estate account Investment Policy Statement correct answers A written statement of objectives and investment strategies for a client account Account holder correct answers The only person w...
Which of the following situations would present a conflict of interest that an adviser must disclose to clients to avoid unlawful and deceitful behavior under the Investment Advisers Act of 1940? A. The adviser receives compensation from the issuer of securities that he recommends to his clients....
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Add to cartWhich of the following situations would present a conflict of interest that an adviser must disclose to clients to avoid unlawful and deceitful behavior under the Investment Advisers Act of 1940? A. The adviser receives compensation from the issuer of securities that he recommends to his clients....
In a DPP, a general partner is all of the following except A. a key executive who makes day-to-day business decisions. B. one who buys and sells the program's property. C. one who appoints the property manager. D. one who has limited liability. correct answers One who has limited liability ...
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Add to cartIn a DPP, a general partner is all of the following except A. a key executive who makes day-to-day business decisions. B. one who buys and sells the program's property. C. one who appoints the property manager. D. one who has limited liability. correct answers One who has limited liability ...
Which of the following are characteristics of a money market mutual fund? 1. Shares are offered without a sales charge. 2. There is a redemption fee. 3. All purchasers must receive a copy of the prospectus. 4. The letter of intent must be signed within 16 months. correct answers Shares are off...
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Add to cartWhich of the following are characteristics of a money market mutual fund? 1. Shares are offered without a sales charge. 2. There is a redemption fee. 3. All purchasers must receive a copy of the prospectus. 4. The letter of intent must be signed within 16 months. correct answers Shares are off...
A primary issue is A. the first transaction between two parties in the over-the-counter market. B. a new offering of an issuer sold to investors C. a secondary market transaction in a security recently offered to the public. D. a sale between investors of securities traded on the New York Stoc...
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Add to cartA primary issue is A. the first transaction between two parties in the over-the-counter market. B. a new offering of an issuer sold to investors C. a secondary market transaction in a security recently offered to the public. D. a sale between investors of securities traded on the New York Stoc...
Which of the following will a syndicator of a blind pool real estate investment trust include in the investment policy statement? A. The estimated location of the real estate purchases B. A disclosure that investment losses are guaranteed by SIPC C. A statement which breaks down the contributio...
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Add to cartWhich of the following will a syndicator of a blind pool real estate investment trust include in the investment policy statement? A. The estimated location of the real estate purchases B. A disclosure that investment losses are guaranteed by SIPC C. A statement which breaks down the contributio...
An investor purchased 100 shares of GRA stock at $100 per share in a margin account. Two years later, the GRA was sold for $120 per share. If the investor's account was charged $700 in margin interest, it would be proper to state that this is an example of A. a long-term capital gain of $1,300. ...
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Add to cartAn investor purchased 100 shares of GRA stock at $100 per share in a margin account. Two years later, the GRA was sold for $120 per share. If the investor's account was charged $700 in margin interest, it would be proper to state that this is an example of A. a long-term capital gain of $1,300. ...
The XYZ Corporation's income statement contains the following information: Total revenue $200,000 Cost of goods sold $60,000 Administrative expenses $30,000 Depreciation $10,000 Miscellaneous expenses $3,000 Taxes paid $5,000 Based on this information, what is XYZ's gross profit? A. ...
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Add to cartThe XYZ Corporation's income statement contains the following information: Total revenue $200,000 Cost of goods sold $60,000 Administrative expenses $30,000 Depreciation $10,000 Miscellaneous expenses $3,000 Taxes paid $5,000 Based on this information, what is XYZ's gross profit? A. ...
Current market interest rates are 6%. Using the discounted cash flow method of valuation, you would expect to arrive at the highest valuation for which of the following? A) 7% coupon maturing in 9 years B) 10% coupon maturing in 10 years C) 5% coupon maturing in 20 years D) Zero-coupon bond ma...
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Add to cartCurrent market interest rates are 6%. Using the discounted cash flow method of valuation, you would expect to arrive at the highest valuation for which of the following? A) 7% coupon maturing in 9 years B) 10% coupon maturing in 10 years C) 5% coupon maturing in 20 years D) Zero-coupon bond ma...
KAPCO, Inc., has 100 million shares of $1 par common stock outstanding. If the current market price of the KAPCO common stock is $33 per share, KAPCO would be considered a A) small-cap stock. B) micro-cap stock. C) large-cap stock. D) mid-cap stock. correct answers D) By doing the arithmetic...
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Add to cartKAPCO, Inc., has 100 million shares of $1 par common stock outstanding. If the current market price of the KAPCO common stock is $33 per share, KAPCO would be considered a A) small-cap stock. B) micro-cap stock. C) large-cap stock. D) mid-cap stock. correct answers D) By doing the arithmetic...
Upon reaching he age of 72, required minimum distributions (RMDs) do NOT have to be taken by retired individuals who are participants of correct answers ROTH IRAs Individuals who pass the Series 65 Exam will be able to tell prospects that correct answers they passed a 130-question examination in ...
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Add to cartUpon reaching he age of 72, required minimum distributions (RMDs) do NOT have to be taken by retired individuals who are participants of correct answers ROTH IRAs Individuals who pass the Series 65 Exam will be able to tell prospects that correct answers they passed a 130-question examination in ...
What's the formula for calculating working capital? correct answers 1.) Total Debt/Total Equity 2.) Assets - Liabilities 3.) Current Assets - Current Liabilities 4.) Current Assets/Current Liabilities Explanation: A company calculates its working capital by taking Current Assets and s...
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Add to cartWhat's the formula for calculating working capital? correct answers 1.) Total Debt/Total Equity 2.) Assets - Liabilities 3.) Current Assets - Current Liabilities 4.) Current Assets/Current Liabilities Explanation: A company calculates its working capital by taking Current Assets and s...
Which portfolio mix would you recommend to a client who is most concerned about projected near term volatility? correct answers Choose the portfolio with the lowest SD. A new customer has a $35,000 CD maturing in 2 weeks. With the objective of maximizing his income on capital invested, he wishes ...
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Add to cartWhich portfolio mix would you recommend to a client who is most concerned about projected near term volatility? correct answers Choose the portfolio with the lowest SD. A new customer has a $35,000 CD maturing in 2 weeks. With the objective of maximizing his income on capital invested, he wishes ...
1. Which of the following is a notice made in the financial press that formally announces a particular transaction, such as an IPO for stock placement? A. Omitting prospectus B. Preliminary prospectus C. Red herring D. Tombstone ad correct answers 1. D. The tombstone ad is a notice made in the ...
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Add to cart1. Which of the following is a notice made in the financial press that formally announces a particular transaction, such as an IPO for stock placement? A. Omitting prospectus B. Preliminary prospectus C. Red herring D. Tombstone ad correct answers 1. D. The tombstone ad is a notice made in the ...
Which of the following statements is TRUE regarding digital assets? correct answers 1.) Some digital assets are securities 2.) All digital assets are securities 3.) Digital assets are exempt from anti-fraud provisions 4.) Digital assets are exempt from registration with state Admin. Expl...
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Add to cartWhich of the following statements is TRUE regarding digital assets? correct answers 1.) Some digital assets are securities 2.) All digital assets are securities 3.) Digital assets are exempt from anti-fraud provisions 4.) Digital assets are exempt from registration with state Admin. Expl...
____% preferred correct answers annual dividend / par value Primary objective of preferred stock correct answers income Cumulative preferred stock is best for who? correct answers Those seeking income paid for missed dividends What type of preferred stock pays the highest rate? correct ans...
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Add to cart____% preferred correct answers annual dividend / par value Primary objective of preferred stock correct answers income Cumulative preferred stock is best for who? correct answers Those seeking income paid for missed dividends What type of preferred stock pays the highest rate? correct ans...
Which of the following are examples of systematic risk? I) Business risk II) Market risk III) Interest rate risk IV) Credit (default) risk A) II, III, and IV B) II and III C) I and III D) I, II, III, and IV correct answers B Systematic risk affects entire groups of investments. Marke...
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Add to cartWhich of the following are examples of systematic risk? I) Business risk II) Market risk III) Interest rate risk IV) Credit (default) risk A) II, III, and IV B) II and III C) I and III D) I, II, III, and IV correct answers B Systematic risk affects entire groups of investments. Marke...
Which of the following is the minimum denomination of Treasury notes that can be purchased by an investor? A. $50 B. $100 C. $1,000 D. $10,000 correct answers B. Which of the following statements describes a typical whole life insurance policy? (1) The premiums must be paid for the ...
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Add to cartWhich of the following is the minimum denomination of Treasury notes that can be purchased by an investor? A. $50 B. $100 C. $1,000 D. $10,000 correct answers B. Which of the following statements describes a typical whole life insurance policy? (1) The premiums must be paid for the ...
Efficient market hypothesis states that a. markets are efficient because of immediate information availability b. transaction costs are competitive due to the volume of brokers/dealers c. trade costs are nominal due to automated systems and redundant information delivery d. markets are efficient...
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Add to cartEfficient market hypothesis states that a. markets are efficient because of immediate information availability b. transaction costs are competitive due to the volume of brokers/dealers c. trade costs are nominal due to automated systems and redundant information delivery d. markets are efficient...
federal level regulation of investment advisors correct answers Investment Advisers Act of 1940 state level regulation of investment advisors correct answers Uniform Securities Act Uniform Securities Act of 1956 (USA) correct answers there were numerous state security laws (blue sky laws) and ...
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Add to cartfederal level regulation of investment advisors correct answers Investment Advisers Act of 1940 state level regulation of investment advisors correct answers Uniform Securities Act Uniform Securities Act of 1956 (USA) correct answers there were numerous state security laws (blue sky laws) and ...
Investment advisor act of 1940 correct answers Is the federal legislation that defines the term investment advisor and requires persons that fall within the definition to register with the SEC or with the states in which they do business. 2 primary purposes: regulation of persons both natural and l...
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Add to cartInvestment advisor act of 1940 correct answers Is the federal legislation that defines the term investment advisor and requires persons that fall within the definition to register with the SEC or with the states in which they do business. 2 primary purposes: regulation of persons both natural and l...
Under current regulations, registration with the SEC is optional for all of the following investment advisers EXCEPT A) Midwestern Asset Managers, LLC, with $53 million in AUM, required to register in 17 states B) Employee Benefit Specialists, Inc., a pension consultant with $225 million in AUM ...
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Add to cartUnder current regulations, registration with the SEC is optional for all of the following investment advisers EXCEPT A) Midwestern Asset Managers, LLC, with $53 million in AUM, required to register in 17 states B) Employee Benefit Specialists, Inc., a pension consultant with $225 million in AUM ...
A famous tennis player offers to record a testimonial for an investment adviser for use in a television commercial. Under the Uniform Securities Act, the investment adviser may correct answers not use the testimonial Under the Uniform Securities Act, which of the following statements is (are) TRU...
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Add to cartA famous tennis player offers to record a testimonial for an investment adviser for use in a television commercial. Under the Uniform Securities Act, the investment adviser may correct answers not use the testimonial Under the Uniform Securities Act, which of the following statements is (are) TRU...
One would not typically place convertible bonds in the portfolio of an investor A. who is bullish on the future for a specific issuer's common stock. B. seeking a position senior to that of common stock. C. seeking to maximize current income. D. seeking capital gains. correct answers Seeking ...
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Add to cartOne would not typically place convertible bonds in the portfolio of an investor A. who is bullish on the future for a specific issuer's common stock. B. seeking a position senior to that of common stock. C. seeking to maximize current income. D. seeking capital gains. correct answers Seeking ...
All of the following are considered to be components of cash flow except A. financing activities. B. operating activities. C. investing activities. D. banking activities. correct answers Banking activities An analyst wishing to check on the most recent financial performance of an SEC-regist...
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Add to cartAll of the following are considered to be components of cash flow except A. financing activities. B. operating activities. C. investing activities. D. banking activities. correct answers Banking activities An analyst wishing to check on the most recent financial performance of an SEC-regist...
What is a requirement of a Joint Tentants By Entirety account? A: Account owners must be spouses B. Account owners must be non-spouses C. Account owners must be unrelated D. Account owners must be engaged to be married correct answers Account owners must be spouses A tenancy by the entir...
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Add to cartWhat is a requirement of a Joint Tentants By Entirety account? A: Account owners must be spouses B. Account owners must be non-spouses C. Account owners must be unrelated D. Account owners must be engaged to be married correct answers Account owners must be spouses A tenancy by the entir...
Bank holding companies correct answers NOT exempt/BANKS ARE EXEMPT 10 business day period correct answers = 2 weeks. client gives oral discretion 3 weeks pass since initial trade, no written authorization IA cannot exercise discretion even if not doing so would cause disastrous results ti...
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Add to cartBank holding companies correct answers NOT exempt/BANKS ARE EXEMPT 10 business day period correct answers = 2 weeks. client gives oral discretion 3 weeks pass since initial trade, no written authorization IA cannot exercise discretion even if not doing so would cause disastrous results ti...
Which of the following statements regarding discretionary accounts is TRUE? A) A branch manager must approve discretionary orders before entry. B) A principal must approve discretionary orders before entry. C) An order in which an investor designates the security's name, the number of shares, ...
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Add to cartWhich of the following statements regarding discretionary accounts is TRUE? A) A branch manager must approve discretionary orders before entry. B) A principal must approve discretionary orders before entry. C) An order in which an investor designates the security's name, the number of shares, ...
Which of the following statements is TRUE about sales of new issues under the Securities Exchange Act of 1934? A) Credit may be used in purchasing new issues. B) The SEC determines what issues may be purchased on margin. C) The use of credit to purchase new issues is prohibited for the first 3...
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Add to cartWhich of the following statements is TRUE about sales of new issues under the Securities Exchange Act of 1934? A) Credit may be used in purchasing new issues. B) The SEC determines what issues may be purchased on margin. C) The use of credit to purchase new issues is prohibited for the first 3...
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