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FINRA Practice SIE Exam Questions and Answers 100% Pass How is the redemption value of shares in an open-end mutual fund determined? - Based on the price offered previously - From the previous day’s net asset value (NAV) - According to the NAV calculated after the request is processed - Set by the offering price calculated after the request - Determined by the NAV calculated after the request is processed On what basis are the dollar prices and accrued interest of municipal bonds...

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Knopman Marks SIE Exam Questions and Answers 100% Pass What is the standard settlement period for equity transactions? T + 2, which means the transaction settles two business days after the trade date. What is the term for the first day a stock is traded without its dividend entitlement? ExDividend date. What is the final day a buyer can purchase stock to qualify for the upcoming dividend? The business day immediately preceding the exdividend date. How does the exdividend date ...

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